NEW DELHI: The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Videocon’s former chairman and MD Venugopal Dhoot for defaulting on loans of Rs 6,158 crore, as a personal guarantor of two group companies.Admitting a plea from State Bank of India (SBI), NCLT said Venugopal Dhoot has “committed defaults in repayment…
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Company ends fiscal year with 565 million yen net loss Image via Studio Kai’s X/Twitter account © 2019 Studio KAI inc. The April 13 issue of the Japanese government’s Kanpо̄ gazette revealed on Monday that Studio KAI animation studio is entering a state of insolvency, in which the company is unable to pay debts, after ending…
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The NCLT has initiated insolvency proceedings against Videocon’s former chairman Venugopal Dhoot as a personal guarantor for loan defaults worth Rs 6,157.57 crore. The tribunal admitted SBI’s plea and appointed a resolution professional to oversee the process Published Date – 13 April 2026, 08:59 PM New Delhi: The National Company Law Tribunal……