
11-Year Ban for Director Misusing Barclays Loan, No Recovery Due to No Assets

A director faces an 11-year ban after placing two limited companies into creditors’ voluntary liquidation, each with a Bounce Back Loan. Investigations revealed wrongdoing in the handling of the loans, leading to severe penalties for breaching the terms of the COVID-19 support scheme. […]
The Insolvency Service has disqualified directors for channelling Bounce Back Loans to personal investments. […]
Mohammed Halal Khan’s banned 6 years for hiding records on a £30,000 TSB loan, leaving liquidators clueless. Get the skinny on his ban! […]
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