NCLT Declares Videocon Promoter Venugopal Dhoot Bankrupt
The National Company Law Tribunal (NCLT) has declared Videocon promoter Venugopal Dhoot bankrupt due to a default on loans amounting to ₹12,668 crore from the State Bank of India (SBI). The tribunal acted on SBI's plea and appointed a bankruptcy trustee to manage the proceedings related to the defaulted loans.
Bar and Bench·




