November 6, 2026

Corporate Insolvency

Former Videocon Promoter Venugopal Dhoot Declared Bankrupt Over ₹12,668 Crore Debt

Business/Alive News: The Mumbai Bench of the National Company Law Tribunal (NCLT) has declared former Videocon Industries promoter Venugopal Nandlal Dhoot bankrupt over a loan default of ₹12,668 crore. The order was passed on November 5, 2026, following a petition filed by the State Bank of India (SBI). The tribunal took this step after Dhoot’s […]