NCLT Declares Videocon Promoter Venugopal Dhoot Bankrupt
The Mumbai bench acted on a State Bank of India petition after Dhoot’s personal insolvency resolution process and repayment failed.
Mumbai, Nov. 6 -- The National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt on a petition filed by the State Bank of India (SBI) after the failure of his personal insolvency resolution process and repayment…