Kolkata: Adhunik Metaliks Ltd on Tuesday said in a regulatory filing that the Kolkata bench of the National Company Law Tribunal had passed a verdict approving the resolution plan submitted by Liberty House Group Pte. Ltd to take over its integrated steel plant of 0.45 million tonne in Odisha.

London-based Liberty House has offered around 500 crore to take over the assets of the delinquent Adhunik Metaliks which also has coal and iron ore mines in Odisha.

The company had an admitted debt of around 5,000 crore, according to court filings.