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VIDEOCON INDUSTRIES BANKRUPTCY
NCLT declares Videocon's Venugopal Dhoot bankrupt in SBI's Rs 1.26 lakh cr claimThe NCLT has declared former Videocon promoter Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans ...- NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...
- Venugopal Dhoot challenges Vedanta’s Videocon offer at NCLATIn his latest plea at NCLAT, Dhoot has claimed that the sale of Videocon Industries through the Insolvency and Bankruptcy Code (IBC) proces...
- Twin Star to approach SC against NCLAT stay in Videocon case“Once the committee of creditors approved the resolution plan and the adjudicating authority stamped its approval on it, then nothing remai...
- IBC proceedings should start when assets aren’t impaired: MS Sahoo, Chairman IBBISahoo cited the example of Videocon Industries, stating that it had already reported a loss of nearly ₹10,000 crore when the bankers brough...
- NCLT approves Vedanta Group’s resolution plan for VideoconVedanta's offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders,...
- Bankruptcy court allows billionaire Anil Agarwal to takeover VideoconVideocon, a consumer durables company manufacturing air-conditioners to washing machines, was among the first 12 companies pushed into bank...
- NCLT extends Videocon's insolvency resolution process"This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on ...
- Tussle on over global oil assets of VideoconIf assets are not sold, the share which would have come to the Indian co will go to an Indonesian firm.
- Videocon requests NCLT to include overseas oil assets in insolvency processThe move comes after a consortium of lenders led by the SBI have invited bids for the group's Brazilian and Indonesian assets via ads.
- Videocon case: NCLT told to pass orders in 3 weeksThe NCLT heard arguments from all parties, including Videocon’s promoter Venugopal Dhoot, and reserved its orders on January 25, after whic...
- Mumbai court to hear bankruptcy petitions against 15 Videocon companiesSBI had filed multiple pleas in different courts to initiate recovery proceedings against 14 other companies linked to the parent company.
- Videocon gets highest claims from creditorsVideocon Industries has posted losses of 2,072 crore over revenues of Rs 60 crore for the quarter ending March 2018.
- SBI-led lenders take Videocon units to bankruptcy courtThe debt, nearly about Rs 13,000 crore, has been grouped into four clusters to facilitate the resolution plan. Four IRPs have also been app...
- Videocon approaches NCLT to list all insolvency cases togetherThe group has requested the principal bench sitting here to consolidate all multiple insolvency cases filed by lenders at three different c...
- Videocon Group chairman Venugopal Dhoot rubbishes reports of fleeing country“I am very much in India and have no intention to ever going out of the country….in fact, I am most comfortable here and have not stepped o...
- KPMG is now Videocon’s resolution professionalSBI had referred Videocon Industries to bankruptcy court in the first week of January.
- Lenders may drag Videocon arms to bankruptcy courtAt a closed-door meeting, the heads of large commercial banks discussed ways of recovering dues from the oil venture.
- ETMarkets Morning Podcast: What's buzzing on D-Street today?Nifty futures on the Singapore Stock Exchange traded higher this morning, indicating a positive start back home.
- SBI initiates bankruptcy process against VideoconCompany owes consortium of lenders Rs 29,000 crore, of which Rs 3,900 crore is due to SBI.
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