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India tribunal declares Videocon promoter Venugopal Dhoot bankrupt over soured loans

Nov 7, 2026 17:25 (1d ago)

Verifying

National Company Law Tribunal declared Venugopal Nandlal Dhoot bankrupt over soured guaranteed loans.
12,668.06 crore rupees in admitted dues includes interest and penalties.
Dhoot was the ousted promoter of Videocon Industries Ltd.