The Disqualification Files

With No Accounting Records the Liquidator Was Unable to Determine if a Company Was Eligible for a Bounce Back Loan and What It Was Spent on Before it was Wound Up, So Director Receives a 9 Year Ban

The mystery of whether the Company named below was eligible for the £50k Bounce Back Loan it received and also where the money went will never be known, due to the reasons outlined below, which result in the Director of that firm being banned for 9 years. […]

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The Disqualification Files

Getting a £15k Bounce Back Loan When Not Eligible and Then Getting His Company Struck Off to Get Out of Repaying That Loan Lands Director with an 11 Year Disqualification

Not the highest valued Bounce Back Loan by any stretch of the imagination, but as you will see, the £15k the Company Director blagged in today’s case never did get paid back and as such the taxpayer is left to pay it back to the bank, whilst he is disqualified for 11 years. […]

The Disqualification Files

Interesting “Loophole” Sees Another Director End Up With a Much Shorter Ban For Not Maintaining/Delivering Accounting Records to the Liquidator Than He Would Have Got If Those Records Had Proven He Did Any Wrongdoing With a Bounce Back Loan

A 6 year ban has been handed out to the Director named below who as you will see ended up with a much shorter ban than he would have done if by supplying his accounting records to the liquidator (which he failed to do) they had proved he abused the Bounce Back Loan scheme. […]