
7-Year Ban for Director’s Ineligible £50k NatWest BBL Cash Withdrawals

Chester Reed, director of Chester’s Car Centre Ltd, has been disqualified for six years for transferring a £50,000 Barclays Bounce Back Loan to himself. Barclays’ winding up of the company in the High Court led to the ban. […]
The Insolvency Service’s efforts have led to bans for directors misusing Bounce Back Loans for unrelated activities. […]
Two Croydon joint directors face matching 10-year bans after overstating their business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
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