The Disqualification Files

Here is another, in what appears to be a never ending stream of disqualifications handed out for blagging a Bounce Back Loan by over-egging a Company’s turnover. The Director named is now beginning a 10 year ban for that wrongdoing. […]

This case, which has resulted in the Joint Directors named getting a 4 year ban each which both start today, revolves a £50k Metro Bank Bounce Back Loan that was not used for the benefit of the business that acquired it. […]

Here is the story behind a £50k Bounce Back Loan that turned sour, in fact it shouldn’t have been paid out in the first place. The actions of the Director named however in blagging that loan has led to him being given a 6 year ban. […]

All things considered the Company Director named in the following case got off somewhat light with just a 7 year ban for the listed wrongdoing with a Bounce Back Loan. […]

When you take the Insolvency route with a Company, the Insolvency Practitioner is tasked with going over the affairs of the business and will always take a close hard look at any Bounce Back Loan the Company had, and will report any shenanigans, which is what happened in the following case. […]