{"id":1047716,"date":"2026-11-07T07:40:26","date_gmt":"2026-11-07T02:10:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1047716"},"modified":"2026-11-07T08:23:07","modified_gmt":"2026-11-07T02:53:07","slug":"nclt-declares-videocons-venugopal-dhoot-bankrupt-in-sbis-rs-12668-cr-claim","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/07\/nclt-declares-videocons-venugopal-dhoot-bankrupt-in-sbis-rs-12668-cr-claim\/","title":{"rendered":"NCLT declares Videocon\u2019s Venugopal Dhoot bankrupt in SBI\u2019s Rs 12,668 cr claim"},"content":{"rendered":"<p>Mumbai: The National Company Law Tribunal (NCLT) admitted State Bank of India\u2019s petition to initiate bankruptcy proceedings against Venugopal Dhoot, former chairman of Videocon Industries, and declared him bankrupt in connection with personal guarantees extended for credit facilities availed of by the Videocon group. <\/p>\n<p>The NCLT order came after SBI rejected Dhoot\u2019s proposal involving a real estate development in Siliguri to repay Rs 600 crore over 36 months. The proposal represented much lower than the admitted dues. SBI rejected the proposal as the bank found it contingent on future development, regulatory approvals and cash flows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The National Company Law Tribunal (NCLT) admitted State Bank of India\u2019s petition to initiate bankruptcy proceedings against Venugopal Dhoot, former chairman of Videocon Industries, and declared him bankrupt in connection with personal guarantees extended for credit facilities availed of by the Videocon group. The NCLT order came after SBI rejected Dhoot\u2019s proposal involving a real estate development in Siliguri to repay Rs 600 crore over 36 months. The proposal represented much lower than the admitted dues. SBI rejected the proposal as the bank found it contingent on future development, regulatory approvals and cash flows.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1047716","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1047716"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047716\/revisions"}],"predecessor-version":[{"id":1047736,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047716\/revisions\/1047736"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1047716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1047716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1047716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}