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INSOLVENCY - NCLT Allows Fresh Bids for Castex as Liberty Fails to Pay - (19 Mar 2019)

INSOLVENCY

National Company Law Tribunal has allowed fresh bids for Amtek Auto's distressed unit Castex Technologies, with the winning bidder Liberty House failing to pay Rs. 100 crore as the performance bank guarantee for resolution plan.

Tags : NCLT   CASTEX   AMTEK AUTO  

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