
Lekh Ram of L R S Construction Ltd Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

A director faces a 6-year ban for using £49,000 of a Bounce Back Loan to pay off a director’s loan, a personal benefit, violating the loan’s intended business use. […]
Bounce Back Loan misuse, including payments to dubious parties, has led to directors facing disqualification. […]
An Ilford director has been banned for 12 years for securing a £50,000 Bounce Back Loan for an ineligible company, transferring the funds to himself, and dissolving the company, prompting severe penalties. […]
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