NCLT declares Videocon's Venugopal Dhoot bankrupt in SBI's Rs 1.26 lakh cr claim
The Economic Times ·
The NCLT has declared former Videocon promoter Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans extended to the Videocon group. The order follows the rejection of his Rs 600 crore repayment proposal, which creditors found contingent on a proposed real estate project in Siliguri.