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NCLT okays Steel Strips Wheels acquisition of AMW Autocomponent

"The resolution plan so approved shall be binding on the corporate debtor (AMW Autocomponent) and its employees, members, creditors, guarantors and other stakeholders involved in the resolution plan," an NCLT division bench of judicial member Chitra Hankare and technical member VG Venkata Chalapathy said in its October 12 order.

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