Month: August 2022

I think you will agree, the turnover this Company Director declared when applying for a Bounce Back Loan for his business was somewhat over-egged, the upshot being he has just been given a 7 year disqualification. […]

Another case in which a Liquidator is left scratching his or her head trying to work out whether wrongdoing has been discovered regarding a Bounce Back Loan and Coronavirus Job Retention Scheme funds, either way due to lack of accounting records the Company Director named gets a 6-year disqualification. […]

One of the longer cases I have reported on, you will see this Company Director did indeed deserve the 7-year disqualification he has just been given, which on reflection does appear rather lenient when compared to others who have found to have done similar wrongdoing. […]

Considering the length of disqualifications that have been handed out recently for all manner of supposed wrongdoing related to funds from a Bounce Back Loan, the 4 year one given to this Company Director was rather lenient. […]

It has not been possible for the Liquidator to work out whether a Company was eligible for a BBL and whether that loan was used for the economic benefit of the business for the reasons laid out in this case, but ultimately the Director was hit with a 6-year disqualification: […]