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The Economic Times

Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVL

Venugopal Dhoot Videocon VIL NCLT NCLAT Oil the Supreme Court COC SBI

New Delhi: Videocon founder Venugopal Dhoot has moved the Supreme Court against a National Company Law Appellate Tribunal order upholding separate insolvency proceedings for two group entities - Videocon Industries Ltd and Videocon Oil Ventures Ltd - while setting aside an earlier NCLT order that had directed clubbing of the two cases.

Dhoot filed the petition on May 19 against the May 14 order of the appellate tribunal.

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