NCLT approves Liberty House resolution plan to acquire Amtek Auto

With Amtek, Liberty House bags another NCLT-listed asset after Adhunik Metaliks

The Chandigarh bench of the National Company Law Tribunal (NCLT) on Wednesday approved UK-based Liberty House's resolution plan to acquire Amtek Auto. With this, the British billionaire Sanjeev Gupta has bagged another asset from the NCLT list. 

“This is a very significant moment for Liberty House and GFG Alliance. We are very excited about this opportunity to restore a great Indian business to its rightful position and add a major new asset portfolio to our international network,” Liberty said in a statement.
 

Last week, the Kolkata bench of NCLT approved Liberty House's resolution plan to acquire Adhunik Metaliks and its