Liberty House Limited won the bid to acquire the assets of Adhunik Metaliks Limited (NSEI:ADHUNIK) on July 5, 2018. The resolution plan will be approved by the National Company Law Tribunal. The committee of creditors at their meeting held on July 5, 2017, approved the resolution plan submitted by Liberty House Limited with a majority of 99.94%. As at July 17, 2018, the National Company Law Tribunal approved the resolution plan submitted by Liberty House Limited. As on July 19, 2018, committee of creditors has approved the transaction. Grant Thornton India LLP acted as Transaction advisors. AZB & Partners advised Sumit Binani (Resolution Professional) and Grant Thorton India LLP. Bahram Vakil and Nilang Desai were the concerned partners and Suharsh Sinha was the concerned Senior Associate of AZB & Partners.