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NCLT declares Videocon's Venugopal Dhoot as bankrupt over ₹12,668-cr SBI dues

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NCLT declares Videocon's Venugopal Dhoot as bankrupt over ₹12,668-cr SBI dues
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The Mumbai bench admitted SBI’s bankruptcy petition and appointed a trustee to oversee the process after Dhoot’s ₹600 crore repayment plan was rejected.

Key Takeaways

  • NCLT declares Videocon's Venugopal Dhoot as bankrupt over ₹12,668-cr SBI dues.
  • The Mumbai bench admitted SBI’s bankruptcy petition and appointed a trustee to oversee the process after Dhoot’s ₹600 crore repayment plan was rejected.
  • The Mumbai bench admitted SBI’s bankruptcy petition and appointed a trustee to oversee the process after Dhoot’s ₹600 crore repayment plan was rejected.

The Mumbai bench admitted SBI’s bankruptcy petition and appointed a trustee to oversee the process after Dhoot’s ₹600 crore repayment plan was rejected.

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Published originally on The Hindu Business Line

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NCLT declares Videocon promoter Venugopal Dhoot bankrupt over ₹12,668 crore dues to SBI
Business Standard - Top Stories
NCLT declares Videocon's Venugopal Dhoot bankrupt over ₹12,668 cr SBI dues
The Hindu Business Line
NCLT declares Videocon’s former promoter Venugopal Dhoot bankrupt

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