Who is Venugopal Dhoot? Former Videocon promoter declared ‘bankrupt’ by NCLT Mumbai bench over ₹12,668-cr SBI default

The NCLT Mumbai bench declared former Videocon Industries promoter Venugopal Dhoot ‘bankrupt’ after accepting SBI’s petition over loan defaults of ₹12,668 crore. A bankruptcy trustee will administer the proceedings.