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…
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…
Did YOU work at Karen’s Diner? Email: [email protected] By POPPY ATKINSON GIBSON Published: 18:55 AEST, 10 June 2025 | Updated: 22:20 AEST, 10 June 2025 The last branch of a well-loved fast food chain will finally close its doors after it was revealed it owed £400,000 to creditors. Karen’s Diner went viral in 2022 for…
Scots bus operator axes all services with IMMEDIATE EFFECT after entering shock liquidation The Scottish Sun Read the original article here
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…
Lavasa Insolvency: NCLT Allows More Time for Revival Talks, Extends CIRP by 90 Days Moneylife Read the original article here
A community bus operator in Renfrewshire has cancelled all of its services after entering liquidation. Johnstone and Area Community Transport in Renfrewshire announced that, as of Tuesday, June 9, they “will no longer be operating bus services”. Via a Facebook post, the non-profit company’s director, John McBarron – who set up the company after attending…
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Cobra Mobile job losses as Dundee games company liquidated The Courier Read the original article here
In the post, the non-profit company’s director, John McBarron, said it was with ‘great sadness’ that an agent had been appointed for the liquidation of the firm. The boss revealed that ‘rising costs and cash flow’ issues led the company to make the ‘difficult decision’. As of Tuesday, June 10, Johnstone and Area Community Transport ‘will…