Monday, Sep 26, 2022



NCLAT sets aside Twin Star takeover plan for Videocon

January 06, 2022 1:30 am

🔴 Wednesday’s judgment came on an appeal filed by Bank of Maharashtra, Small Industries Development Bank of India (Sidbi) and IFCI, previously known as Industrial Finance Corporation of India.

Videocon insolvency: Lenders make U-turn

September 21, 2021 12:54 am

Anil Agarwal’s Twin Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders.

Venugopal Dhoot moves NCLAT against Twin Star’s Videocon takeover bid

August 02, 2021 10:32 am

Venugopal Dhoot, in his petition filed before the National Company Law Appellate Tribunal (NCLAT) has requested to set aside the order passed by the Mumbai Bench of the NCLT and to direct the lenders to consider Rs 31,789 crore settlement plan submitted by him under Section 12 of the IBC.

SFIO searches premises of Videocon Group cos

July 31, 2021 9:11 am

Sources said at least 80 officers from the Registrar of Companies (RoC) were also roped in to conduct the searches. The SFIO also searched the home of Videocon promoter Venugopal Dhoot.

Cloud over Videocon resolution process points to larger weakness in IBC

July 31, 2021 8:07 am

Arush Khanna writes: Almost four years and a 95 per cent haircut later, the call for an immediate course correction couldn’t be louder.

ED raids Videocon in Mazmbique oil field case

July 16, 2021 11:02 pm

The CBI has booked Videocon Industries Ltd chairman Venugopal Dhoot in a case of corruption for allegedly duping a consortium of banks led by the State of Bank of India of hundreds of millions of US dollars.

Vedanta arm gets nod for Videocon takeover

June 09, 2021 10:34 am

Consumer durables company Videocon Industries Ltd was part of a list of 26 large defaulters referred to the NCLT by the Reserve Bank in the second set of companies referred for insolvency proceedings by the central bank.

ED assures SC of no coercive action against Chanda Kochhar in PMLA case

November 21, 2020 7:51 am

Solicitor General Tushar Mehta informed the bench headed by Justice S.K. Kaul the probe agency would not take any coercive step in pursuance of the case registered in ICICI Bank-Videocon Group loan case.

Videocon insolvency case: Dhoot family offers to pay Rs 30,000 crore to lenders

October 21, 2020 5:58 pm

The Dhoot family -- erstwhile promoters of the group -- expects a final decision on the settlement offer by the end of this year, provided the lenders and the National Company Law Tribunal (NCLT) agree to it.

Videocon loan case: ED questions Chanda & Deepak Kochhar, Dhoot

June 29, 2019 5:06 am

The three had been issued summons by the agency for appearance earlier. Sources said their statements have been recorded under the Prevention of Money Laundering Act (PMLA).