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Individual bankruptcy: A deep dive

Earlier this month, Venugopal Dhoot, former Videocon Industries promoter, was declared bankrupt in a Rs 12,668-crore loan default case. The move by the National Company Law Tribunal (NCLT) is being watched closely not only because it involves a high-profile industrialist but also because loan default cases rarely reach the bankruptcy stage in India.
 
What are the implications of individual bankruptcy under the Insolvency and Bankruptcy Code (IBC), how does it impact businesses, which are the roadblocks to be ironed out? These issues and much more will come up for discussion during the 31st episode of our webinar—Business Standard Dialogue.

Panelists

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Sumant Batra

Insolvency lawyer

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Ashish Chhawchharia

Partner, Grant Thornton Bharat

Ruchika Chitravanshi

Business Standard

Moderated by
Nivedita Mookerji

Business Standard

Individual bankruptcy: A deep dive

19 Nov 2026

02:00 PM IST · 27 mins