The Disqualification Files
Year: 2024
The Disqualification Files
Indian Restaurant Director Given a 6 Year Ban for Transferring a Large Chunk of His Company’s HSBC Bounce Back Loan to a Third Party – Liquidator Says Even Though He Is Confident He Could Secure a Court Order Against the Director For Return of the Funds, The Director Has No Money, So Wouldn’t be Able to Enforce It, So He Doesn’t Bother
Read on for the full details of this case along with the Liquidators Comments […]
The Disqualification Files
Solicitor Advises a Liquidator Without Evidence They Were Dodgy, “Iffy Looking” Invoices a Director Claimed He Had Paid Using His Company’s £50k Santander Bounce Back Loan, It Isn’t Feasible to Chase that Director Personally for the Money, But He Does Get a 10 Year Ban for Over-Egging His Turnover
Here are the details of this case along with the Liquidators Comments. […]
The Disqualification Files
Jail Time May Now Await a Worcester Based Director Who Got a 12 Year Ban For Applying for a £50k Bounce Back Loan His Company Wasn’t Eligible for and then Illegally Applying for and Succeeding in Getting the Company Struck Off
Read on for details of this case, which has all the hallmarks of the type of case that if the Insolvency Service decide to take him to criminal court, could see the Director getting a jail term for what he did, that being breaching Section 1004 of Companies Act 2006. […]
The Disqualification Files
Sunderland Based Director Starting a 9 Year Ban for Transferring Money from His Company’s HSBC Bounce Back Loan to Himself and a Family Member
Read on for the details of this case. […]