From The Assam Tribune
Center Owned by Assam Tribune GroupVideocon founder Venugopal Dhoot declared bankrupt by NCLT
What's behind this
The Mumbai bench of the National Company Law Tribunal (NCLT) has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt after accepting a petition filed by the State Bank of India (SBI) seeking Rs 12,668 crore in personal guarantee dues. The tribunal’s decision follows SBI’s claim that Dhoot defaulted on the loan amount.
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left · 1 outlet
Videocon’s Venugopal Dhoot declared bankrupt over Rs 12,668 crore SBI default
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center · 4 outlets
The Mumbai bench of the National Company Law Tribunal (NCLT) has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt, accepting a petition filed by the State Bank of India (SBI) over outstanding dues of Rs 12,668 crore. The tribunal has appointed a Bankruptcy…
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right · 3 outlets
The National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt on a petition filed by the State Bank of India (SBI), after the failure of his personal insolvency resolution process and repayment plan.
RSS excerpt
New Delhi, Nov 6 : The National Company Law Tribunal (NCLT) has declared former Videocon Industries promoter Venugopal Nandlal Dhoot bankrupt after admitting a petition filed by State Bank of India (SBI) to recover dues of more than Rs 12,668 crore arising from personal guarantees furnished for…
