{"id":1047798,"date":"2026-11-07T08:56:16","date_gmt":"2026-11-07T03:26:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1047798"},"modified":"2026-11-07T10:28:48","modified_gmt":"2026-11-07T04:58:48","slug":"nclt-declares-videocons-venugopal-dhoot-bankrupt-over-rs-12668-crore-guarantee-dues","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/07\/nclt-declares-videocons-venugopal-dhoot-bankrupt-over-rs-12668-crore-guarantee-dues\/","title":{"rendered":"NCLT declares Videocon&#8217;s Venugopal Dhoot bankrupt over Rs 12,668 crore guarantee dues"},"content":{"rendered":"<p>The Mumbai bench of the National Company Law Tribunal (NCLT) has declared Venugopal Dhoot, former promoter and director of Videocon Industries Ltd, bankrupt on a petition filed by the State Bank of India (SBI), which is seeking Rs 12,668 crore from him as a personal guarantor for loans taken by the company. <\/p>\n<p>A two-member bench admitted SBI&#8217;s petition in an order passed on November 5. The bench appointed insolvency professional Asish Narayan, who had earlier overseen Dhoot&#8217;s personal insolvency resolution process, as the bankruptcy trustee. With the order, Dhoot&#8217;s estate will be administered by the trustee for the benefit of his creditors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mumbai bench of the National Company Law Tribunal (NCLT) has declared Venugopal Dhoot, former promoter and director of Videocon Industries Ltd, bankrupt on a petition filed by the State Bank of India (SBI), which is seeking Rs 12,668 crore from him as a personal guarantor for loans taken by the company. A two-member bench admitted SBI&#8217;s petition in an order passed on November 5. The bench appointed insolvency professional Asish Narayan, who had earlier overseen Dhoot&#8217;s personal insolvency resolution process, as the bankruptcy trustee. With the order, Dhoot&#8217;s estate will be administered by the trustee for the benefit of [&hellip;]<\/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":[75,4,17],"tags":[],"class_list":["post-1047798","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047798","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=1047798"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047798\/revisions"}],"predecessor-version":[{"id":1047827,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1047798\/revisions\/1047827"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1047798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1047798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1047798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}