This case involves multiple applications related to the Corporate Insolvency Resolution Process (CIRP) of 15 Videocon Group companies. State Bank of India (SBI) filed an application seeking consolidation of the CIRPs for these companies. Venugopal Dhoot, an ex-director of the Videocon group, also filed a similar application. Several other parties, including financial creditors, operational creditors, and labor unions, filed applications either supporting or opposing the consolidation. The Hon'ble Principal Bench of NCLT, New Delhi, had previously transferred all matters related to the Corporate Debtors to the Mumbai Bench for consolidated consideration. The core issue revolves around whether the CIRPs of these 15 companies should be consolidated into a single
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State Bank of India (SBI) filed Application No.…
The Hon'ble Principal Bench transferred all…
This case involves multiple applications related to the Corporate Insolvency Resolution Process (CIRP) of 15 Videocon Group companies. State Bank of India (SBI) filed an application seeking consolidation of the CIRPs for these companies. Venugopal Dhoot, an ex-director of the Videocon group, also filed a similar application. Several other parties, including financial creditors, operational creditors, and labor unions, filed applications either supporting or opposing the consolidation. The Hon'ble Principal Bench of NCLT, New Delhi, had previously transferred all matters related to the Corporate Debtors to the Mumbai Bench for consolidated consideration. The core issue revolves around whether the CIRPs of these 15 companies should be consolidated into a single
…State Bank of India (SBI) filed Application No.…
The Hon'ble Principal Bench transferred all…