The Disqualification Files Archives

Not Using a BBL for the Economic Benefit of His Business and Over-Egging the Turnover to Get a Lloyds Bank BBL and Leaving It Owing at Liquidation Sees a Company Director Slapped with a 9 Year Disqualification

April 13, 2022

Here are the details of another Lloyds Bank Bounce Back Loan that went bad due to the reasons outlined below, including over-egging of turnover to secure that loan, a 9 Year disqualification has just been handed out to the Director of that business. […]

Capital on Tap Bounce Back Loan Goes Bad Resulting in Two Co-Directors Being Hit with 9 Year Disqualifications Due, Amongst Other Things, To Not Being Eligible in the First Place for That BBL

April 13, 2022

It is the turn of Capital on Tap to see one of their Bounce Back Loans turn sour, this case saw two Co-Directors being hit with a 9 year disqualification each. […]

Lloyds Bank Claim on the Government Guarantee for a Bounce Back Loan They Approved and Paid Out Which Saw a Company Director Hit with an 11 Year Disqualification for Using That BBL for Personal Benefit

April 12, 2022

Not only was the Bounce Back Loan in today’s case used for personal benefit and not for the benefit of the business, the Company Director got it when the business was no longer trading. […]

Applying for and Getting a Royal Bank of Scotland Bounce Back Loan For a Company Incorporated on March 6th 2020 and Massively Over-Egging Turnover Lands Company Director with 6 Year Disqualification

April 12, 2022

Obvious breaches of the rules of the Bounce Back Loan scheme has seen another Company Director hit with a 6 year disqualification. […]

9 Year Disqualification Handed Down to Company Director for Over-Egging Turning and Using a NatWest Bounce Back Loan for Personal Benefit

April 12, 2022

Using a NatWest Bounce Back Loan for personal benefit and over-egging the turnover when applying for it in the first place lands Company Director with a 9 year disqualification. […]