
Director Banned for 11 Years for Illegally Securing Dual Bounce Back Loans from Lloyds Bank and HSBC for Single Company

A director who traded to HMRC’s detriment and failed to repay a £50,000 Barclays Bounce Back Loan has been banned for 4 years. Explore the consequences of this dual misconduct. […]
Satpaldip Singh Pahal, director of Sat Housing Ltd, has been banned for five years for transferring a £30,000 Barclays Bounce Back Loan to an associated company. The liquidator has enlisted a legal firm to pursue repayment. […]
Read on for both an overview of this case and what the Liquidator had to say. […]
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