Ex-Videocon promoter Dhoot declared bankrupt over ₹12,668 crore dues

Ousted Videocon promoter Venugopal Dhoot has been declared bankrupt over dues worth about ₹12,668 crore. Once linked to one of India’s largest consumer durables groups after rising from a Bajaj Auto dealership background, Dhoot now faces insolvency proceedings tied to those outstanding liabilities after the conglomerate’s dramatic fall.