The NCLT has paused the insolvency bidding process for Think & Learn (Byju’s) until August 31. The tribunal ordered this stay to review a contested ₹11,433 crore claim from U.S. term loan lenders. This decision stops the resolution professional from inviting new buyers or finalizing a list of applicants while the validity of the lender’s…
A brewery has gone into liquidation after a vote by its owners to wind up the business. Pembrokeshire-based Black Tar Brewing Co Ltd has entered creditors’ voluntary liquidation after resolutions were passed by its members on February 27, 2026, following a general meeting at the offices of Stones & Co Insolvency Practitioners Limited in Swansea.…
Pembrokeshire-based Black Tar Brewing Co Ltd has entered creditors’ voluntary liquidation after resolutions were passed by its members on February 27, 2026, following a general meeting at the offices of Stones & Co Insolvency Practitioners Limited in Swansea. Mr Gareth Stones of Stones & Co has been formally appointed as liquidator. A creditors’ voluntary liquidation…
The decision temporarily halts the next stage of the insolvency proceedings, preventing potential buyers from entering the process while the Tribunal considers the founders’ objections | Photo Credit: bl-online Administrator The National Company Law Tribunal has stayed the insolvency bidding process of Byju’s parent company Think & Learn till the next hearing on August 31,…
All staff were made redundant following the collapse of the firm that was founded 45 years ago. Coatbridge-based Galino Limited is described as a manufacturer of fasteners and machine screw products. David McGinness and Judith Howson, of AAB Business & Tax Advisory, have been appointed joint administrators of the company. A Scottish engineering company has…
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