Who is venugopal dhoot

He had then listed its shares on the Nasdaq, the US stock exchange, trashing plans of introducing an initial public offer for domestic markets. In an interview to Economic Times in early March this year, Dhoot had trashed reports which claimed he has fled the country to allegedly to escape inspection by bankers over the Rs 20, crore which his company owed to various lending institutions.

He is an environment enthusiast who has reportedly helped complete a project for planting 2,, teak trees across the country. He is also a fan of cricket. His brother, Rajkumar Dhoot, is a Member of Parliament. According to a Supreme Court ruling, promoters or directors who have furnished personal guarantees will still be liable for prosecution under the bankruptcy law even if a company is taken to bankruptcy court or goes into liquidation.

The next date of hearing is 20 September. Before the adjournment, lawyers for Kochhar informed the court that the Special PMLA Prevention of Money Laundering Act court had listed the matter for framing of charges on October 1, and hence there is an urgency in the matter.

In his latest plea at NCLAT, Dhoot has claimed that the sale of Videocon Industries through the Insolvency and Bankruptcy Code IBC process could have led to a recovery of Rs 25, crore for lenders if its overseas oil and gas assets were included in the sale process.

The matter pertains to a show-cause notice issued by the regulator to Kochhar on the basis of an analysis of a report by retired Justice B N Srikrishna.

Erstwhile promoter Wadhawan stands guarantee to loans taken by DHFL, which is sitting on debt of about Rs 90, crore, while Dhoot has also given personal guarantee to a portion of Rs 22, crore loan to Videocon. Vedanta's offer of a little over Rs 3, crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders, however, slightly above the liquidation value.

Lawyers and bankers were said the order sets a precedence for future recoveries in bankrutpcy cases and more importantly act as a deterrent for defaulting promoters. The Vedanta group was engaged in protracted negotiations with a State Bank of India-led group of lenders after submitting its first offer.

It later bettered the bid in the last week of November, according to executives aware of the matter. Chanda Kochhar has also said she was just one of the 31 senior executives who were part of credit approval committees that had approved loans to the group from to The businessman, through his lawyer, applied for bail on merits as well as on account of default, claiming the prosecution has failed to file a charge-sheet in the case within stipulated period.

Deepak Kochhar has alleged that ED has not followed the procedure prescribed under law and a copy of the FIR has not been supplied to him till date. Kochhar was tested Covid positive on September They have put me and themselves at risk.

Venugopal Dhoot. Videocon Telecommunication has claimed Rs 1, This and other data has been uploaded by the company's resolution professional RP on its website today for varying periods ranging from November to January Hours after the Enforcement Directorate questioned former ICICI Bank chief executive Chanda Kochhar till 4 am this morning in a loan case, she was back at the probe agency's office at noon today.

She left half-an-hour later. Sudhanshu Dhar Mishra has already been transferred to the agency's Economic Offences branch in Ranchi and a detailed inquiry will be held on the matter, sources said.

The agency's move had drawn criticism from Union minister Arun Jaitley, who called it "investigative adventurism" and said it was one A day after Union minister Arun Jaitley called the CBI raids at the Videocon headquarters in Mumbai and Aurangabad on Thursday "investigative adventurism", senior Congress leader Salman Khurshid wondered why was the Finance Minister "perturbed" when it was "their standard procedure".