Case details for VIJANDRAKUMAR MEGHJI VASSARAMO

Name: VIJANDRAKUMAR MEGHJI VASSARAMO

Name: PRIMA TECHNOLOGY LIMITED

Date of Birth: 5 / 9 / 1977

Date Order Starts: 7 / 11 / 2018

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 08293807

Last Known Address: 39 SOMERSET ROAD, , , , SOUTHALL, UB1 2UB

Conduct: Vijandrakumar Meghji Vassaramo (“Mr Vassaramo”) caused or facilitated Prima Technology Ltd (“Prima”) to obtain goods on credit totalling at least £309,647 between March 2016 and December 2016 from at least 19 suppliers who had directly and indirectly relied upon false year end accounts filed with the Registrar of Companies and other false information to determine Prima’s creditworthiness. In particular, he caused and/or facilitated Prima to:

  • File financial accounts with the Registrar of Companies relating to the periods to 30 November 2014 and 30 November 2015 which were both filed on 22 April 2016, which he knew or ought to have known were false or had no reason to believe they were true;
  • Remove goods purchased on credit by suppliers from its trading premises at a time when there was no possibility of paying said supplier, and further being unable to account for the whereabouts of the goods or the proceeds of sale thereof. He failed to ensure that adequate accounting records for Prima were maintained, preserved and/or delivered up to the Official Receiver as liquidator with the result that he could not:
  • Identify all of the creditors of Prima;
  • Establish the extent of supplier complaints;
  • Establish the final position and veracity of the creditor position of £227,694 recorded in the accounts for the year ended 30 November 2015;
  • Establish the final position and veracity of the stock and debtor position of £68,978 and £120,552 respectively, recorded in the accounts for the year ended 30 November 2015;
  • Test the cause of Prima’s insolvency. 

    This information is correct as at 30 / 10 / 2018



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