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Fraud or not? Under SFIO's scanner, Amtek Auto has left its lender banks divided on whether the INR12,000 crore default under Arvind Dham was a result of fraud. @NindakBaba explains why banks have different opinions.
Amtek Auto's Dham scam: Bankruptcy but billions bamboozled. Host @AnirbanET takes a deep dive with @NindakBaba, Associate Editor (Corporate and Regulatory Affairs) ET Prime and @SangitaMehtaET, Senior Editor, ET.
#AutoWithMC: A whistleblower has levelled fresh allegations of #fraud & irregularities against “key managerial persons” of #AmtekAuto & the resolution professional tasked with reviving the auto component manufacturer. Read at 👇 https://t.co/ZNC5pA8HI0 By @sinjain | #Automobile
Whistleblower accuses Amtek Auto promoters of Rs 12,000-crore fraud | The Financial Express: The name of the complainant is Jaskaran Chawla, who is an advocate at the Delhi high court. #scam #fraud
A whistleblower filed a criminal complaint accusing key management personnel of Amtek Auto of cheating and #fraud, corruption, and laundering of #bankloans worth Rs 12,000 crore, allegedly in collusion with employees of several banks.
Addressing a press conference, Congress leader Sanjay Nirupam said the government must order a probe into the findings of Ernst and Young's audit report into the insolvency of Amtek Auto | #Congress #CBI
#AmtekAuto has been facing allegations of bagging huge loan amounts from various banks and then routing the money to shell companies. In 2017, it was among 12 major companies, identified by RBI for bankruptcy proceedings
If not mistaken n memory is correct in 2013 there was a co called amtek auto single day crashed 90% was part of fno segment @Narchal007 @chandy3112 @anand_luhar
The Supreme Court set out a deadline of 4 weeks for implementing the approved resolution bid by Deccan Value Investor LP for the bankrupt Amtek Auto. 👇 Read the complete story at https://t.co/C5t2h3y0vs #AmtekAuto #IBC #SupremeCourt
Just In | Supreme Court says the resolution plan of Deccan Value Investors to be implemented in 4 weeks for Amtek Auto @abhhimanyus #AmtekAuto #SupremeCourt #IBC
Amtek Auto to Delist from Stock Exchanges. The delisting of equity shares of the company has been approved by NCLT under Insolvency and Bankruptcy Code. The company shall stand to delist from the exchanges w.e.f. September 27, 2021. Source: BSE
AMTEKAUTO - Announcement under Regulation 30 (LODR)-Public Announcement-Delisting
AMTEKAUTO - Board Meeting Intimation for Notice Of Postponement Of Meeting And Closing Of Trading Window<BR> <BR>