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NCLT declares Videocon’s Venugopal Dhoot bankrupt; SBI to recover Rs 12,668 crore

The NCLT has declared former Videocon promoter Venugopal Dhoot bankrupt after admitting SBI's petition to recover Rs 12,668 crore in dues linked to personal loan guarantees. The decision follows creditors rejecting his proposed Rs 600 crore repayment plan

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Originally published byTelangana Today 1h ago · telanganatoday.com
Read full report at Telangana Today

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