The ATR would possibly do nothing.
The ATPCS (Automatic Takeoff Power Configuration System) Is active Untill
TQ (approx) 48%+
Power Leaver Angl (approx) 48* +
values aprox but very close.
ATPCS recognizes an Engine failure by Monitoring TQ less than 18% (For any damn reason )
It will give full power on the other engine and feather the failed engine.
In the case of Surge at Tk Off Loss of power would be evident , whether the ATPCS works or not Aviate Aviate Aviate.
Compensate loss of power Ramp the live engine, follow the E Out profile