
Waqar Naveed, Director of Naveed Builders Ltd, Faces 10-Year Directorship Ban for Misusing £50,000 HSBC Bounce Back Loan

A Devizes director who failed to repay an HSBC Bounce Back Loan after securing a larger CBILS Bounce Back Loan, and traded against HMRC’s interests, faces a lenient 5-year ban. Learn why this penalty was light. […]
A director has been disqualified for 11 years after exaggerating his company’s turnover by over £150,000 to obtain a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]
Directors who used Bounce Back Loans to fund side ventures face bans for misuse. […]
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