Scottish bus firm axes all services after entering liquidation

Founded by Kilbarchan resident John McBarron in 2023, the non-profit organisation aimed to provide transport from Johnstone to the surrounding areas after residents complained from the community about the quality of bus services.  In a post on social media, the former director attributed the “difficult decision” to cease operations due to “rising costs and cash flow” challenges.  The firm…

Scottish bus firm cancels all services after entering liquidation

A BUS operator has axed all services with immediate effect after the firm entered liquidation. Johnstone and Area Community Transport, which provided transport across Renfrewshire, announced on Monday that an agent had been appointed to oversee the liquidation process. Founded by Kilbarchan resident John McBarron in 2023, the non-profit organisation aimed to provide transport from Johnstone to the…

India’s IBBI Overhauls Corporate Insolvency Guidelines

The Insolvency and Bankruptcy Board of India (IBBI) has amended its corporate insolvency resolution process and introduced fresh guidelines for appointing insolvency professionals, with a strong emphasis on transparency and fairness for stakeholders. In May 2025, the Insolvency and Bankruptcy Board of India (IBBI) implemented two significant policy reforms aimed at enhancing the effectiveness of…

SPT statement as Renfrewshire bus firm entered liquidation

Renfrewshire-based Johnstone and Area Community Transport revealed they had entered liquidation on Monday, June 9. The non-profit firm’s director, John McBarron, said it was with ‘great sadness’ that an agent had been appointed for the liquidation of the ‘small’ transport company. SPT statement as Renfrewshire bus firm entered liquidation (Image: Newsquest) We reported how the…