NCLAT upholds insolvency order for Future Ideas Company Limited

National Company Law Appellate Tribunal (NCLAT) on Monday upheld NCLT’s order admitting Future Ideas Company Limited (FICL), part of the Future Group, into insolvency over dues of ₹122.83 crore. National Company Law Tribunal (NCLT), Mumbai, admitted FICL into insolvency last month in an insolvency petition filed by Axis Trustee Services, representing Franklin Templeton Asset Management…

Village Roadshow’s Australia Ops ‘Not Impacted’ by US Bankruptcy

It’s business as usual for Australia’s Village Roadshow Group, following the announcement overnight that the US-based Village Roadshow Entertainment Group has filed for bankruptcy protection. As previously reported, Village Roadshow Entertainment Group (VREG) has filed for Chapter 11 in Delaware, with US$223.8 million in asset-backed secured notes and US$163.1 million of senior secured debt, court…

Canadian Geothermal Co. STS Hits Ch. 15 With Sale Plan

By Alex Wittenberg · May 16, 2025, 4:26 PM EDT Toronto-based geothermal energy company STS Renewables Ltd. and affiliates have filed for Chapter 15 protection in Delaware bankruptcy court seeking recognition of a Canadian insolvency proceeding designed to help the company… To view the full article, register now. Read the original article here

Mobuoy Dump company goes into insolvency

City Industrial Waste Limited, one of the two companies responsible for the Mobuoy Dump scandal, has gone into insolvency.  The company, which had a registered office at Recycling Centre, 60, Mobuoy Road, Campsie, on the outskirts of Derry, was wound up on the order of the North’s High Court of Justice on May 8, 2025. …

Mobuoy Dump company goes into insolvency

City Industrial Waste Limited, one of the two companies responsible for the Mobuoy Dump scandal, has gone into insolvency.  The company, which had a registered office at Recycling Centre, 60, Mobuoy Road, Campsie, on the outskirts of Derry, was wound up on the order of the North’s High Court of Justice on May 8, 2025. …