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Who is Venugopal Dhoot? Former Videocon promoter declared ‘bankrupt’ by NCLT Mumbai bench over ₹12,668-cr SBI default

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Summary

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.

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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.

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