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Who is Venugopal Dhoot? Former Videocon promoter declared ‘bankrupt’ by NCLT Mumbai bench over ₹12,668-cr SBI default
The NCLT Mumbai bench declared former Videocon Industries promoter Venugopal Dhoot ‘bankrupt’ after accepting SBI’s petition over loan defaults of ₹12,668 crore. A bankruptcy trustee will administer the proceedings.
Read the original at Mint · Companies ↗Also reported by 5 other newsrooms
Deccan ChronicleNCLT Declares Videocon's Venugopal Dhoot Bankrupt Over SBI Loan DefaultAssam TribuneVideocon founder Venugopal Dhoot declared bankrupt by NCLTTelangana TodayNCLT declares Videocon’s Venugopal Dhoot bankrupt; SBI to recover Rs 12,668 croreLivemintNCLT declares Videocon promoter Venugopal Dhoot bankrupt over ₹12,668 crore dues to SBIBar and BenchNCLT declares Videocon promoter Venugopal Dhoot bankrupt over ₹12,668 crore default