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Videocon's Venugopal Dhoot Declared Bankrupt By NCLT Over SBI's ₹12,668 Crore Claim

Videocon's Venugopal Dhoot Declared Bankrupt By NCLT Over SBI's ₹12,668 Crore Claim
Photo: Free Press Journal · view original

The Mumbai bench of 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) involving outstanding claims of ₹12,668 crore, Bar and Bench reported. The tribunal passed t...

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