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Amtek Auto Case

Wait for Amtek Auto resolution may get longer over mortgaged property

Bone of contention is long-term lease of ACE Complex Land. Resolution applicant has moved NCLAT, which is likely to start hearing on Thursday against NCLT order

Wait for Amtek Auto resolution may get longer over mortgaged property
Updated On : 27 Aug 2020 | 10:17 PM IST

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more
Updated On : 03 Jan 2020 | 7:31 AM IST

Two years later, Amtek Auto readies for its second resolution process

Three of Amtek group companies, including Castex Technologies, Amtek Ring Gears and Metalyst Forgings are each undergoing separate insolvency resolution process

Two years later, Amtek Auto readies for its second resolution process
Updated On : 17 Oct 2019 | 1:18 AM IST

Amtek Auto heads for liquidation; NCLAT clears the way for the process

Amtek Auto's total debt stands at Rs 12,603 crore, liquidation value of assets nearly Rs 4,120 crore

Amtek Auto heads for liquidation; NCLAT clears the way for the process
Updated On : 17 Aug 2019 | 2:05 AM IST

NCLT asks Amtek Auto lenders to examine bids of Deccan Value Investors

Deccan Value Investor's bid was second highest with a bid of Rs 3,150 crore

NCLT asks Amtek Auto lenders to examine bids of Deccan Value Investors
Updated On : 26 Jun 2019 | 5:53 PM IST

IRP nod must for recovering money from defaulter's bank account: NCLAT

Issue was raised in a hearing related to Indian Overseas Bank's plea against Amtek Auto

IRP nod must for recovering money from defaulter's bank account: NCLAT
Updated On : 19 Nov 2017 | 6:42 PM IST

CRISIL files consent plea in Amtek Auto case

Sebi issued a show-cause notice to the rating agency in July

CRISIL files consent plea in Amtek Auto case
Updated On : 11 Oct 2017 | 12:07 AM IST

Amtek Auto board discusses resolution of debt repayment; MD resigns

Amtek Auto defaulted on payment of an estimated Rs 800-crore bond

Amtek Auto board discusses resolution of debt repayment; MD resigns
Updated On : 23 Jun 2017 | 9:32 PM IST

Care, CRISIL may get Sebi showcause notice for Amtek

The market regulator has appointed adjudicating officer to probe the case, following which it will decide the nature of action to be taken

Care, CRISIL may get Sebi showcause notice for Amtek
Updated On : 22 Jun 2016 | 11:55 PM IST