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Business
Videocon Ex-Promoter Venugopal Dhoot Declared Bankrupt by NCLT
✍️ Aaj Tak
🗓 07 Nov 2026, 01:42 PM
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Former Videocon director Venugopal Dhoot has been declared bankrupt by the National Company Law Tribunal (NCLT). He owes a total of Rs 12,668 crore to SBI and other banks.
The National Company Law Tribunal (NCLT) has officially declared Venugopal Dhoot, the former promoter and director of the Videocon Group, as bankrupt. This significant financial declaration comes after substantial debt accumulated by the company.
According to the information available, Mr. Dhoot is indebted to the State Bank of India (SBI) and a consortium of other banks. The total outstanding debt amounts to a staggering Rs 12,668 crore. This ruling by the NCLT marks a critical point in the financial proceedings related to Mr. Dhoot and the Videocon Group's liabilities.
According to the information available, Mr. Dhoot is indebted to the State Bank of India (SBI) and a consortium of other banks. The total outstanding debt amounts to a staggering Rs 12,668 crore. This ruling by the NCLT marks a critical point in the financial proceedings related to Mr. Dhoot and the Videocon Group's liabilities.