Bankruptcy Archives

Former Videocon promoter Venugopal Dhoot declared bankrupt: NCLT issues order on SBI’s petition; Action on loan default of ₹12,668 crore

DainikNews Live Admin13 hours ago07 mins

Hindi News Business NCLT Mumbai Declares Videocon Former Promoter Venugopal Dhoot Bankrupt | SBI Loan Default Case New Delhi51 minutes ago copy link Venugopal Nandlal Dhoot, former promoter and director of Videocon Industries. (file photo) The Mumbai Bench of the National Company Law Tribunal (NCLT) has declared former promoter and director of Videocon Industries Venugopal…

Five Years After Disrupting The Global Sport, LIV Golf To Shut Down

DainikNews Live Admin15 hours ago010 mins

Last Updated:November 06, 2026, 11:41 IST The rebel LIV Golf tour is shutting down and liquidating its assets after failed relaunch efforts. LIV owes between $500 million and $1 billion to at least 1,000 creditors. (Reuters Photo) The rebel LIV Golf tour will shut down after five years that rocked the global game, saying Thursday…

Vijay Mallya discontinues bankruptcy annulment application in UK ahead of hearing

DainikNews Live Admin1 year ago04 mins

Vijay Mallya, wanted in India to face trial on fraud and money laundering charges, has discontinued an application to annul a UK bankruptcy order ahead of a planned hearing in London on Monday. It means the “Trustee in Bankruptcy” can continue to pursue assets to help a consortium of banks led by the State Bank…