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The board of directors of Amtek Auto will meet on Friday to consider the financial results for the quarter and nine-month period ended December 31, 2018. It may be recalled that debt-laden Amtek Auto was among the large corporates identified by the Reserve Bank of India in June 2017 for immediate insolvency proceedings. UK-based Liberty House had bid for Amtek Auto under the IBC, as part of its strategy to take over the entire business. However, it had to later withdraw.
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