Videocon’s Venugopal Dhoot Declared Bankrupt Over Rs 12,668 Cr SBI Dues

NCLT Mumbai declared former Videocon promoter Venugopal Dhoot bankrupt. SBI’s outstanding dues were pegged at Rs 12,668.06 crore. Creditors rejected Dhoot’s proposed Rs 600-crore repayment plan. Insolvency professional Asish Narayan...