Case details for ADIL ARSHAD

Name: ADIL ARSHAD

Name: Rajas Huddersfield Limited

Date of Birth: 21 / 7 / 1993

Date Order Starts: 19 / 4 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 10118759

Last Known Address: 68-70 Park Road, Low Moor, , , BRADFORD, BD12 0DJ

Conduct: Between 3 June 2020 and 5 June 2020 Adil Arshad (“Mr Arshad”) caused Rajas Huddersfield Limited (“Rajas”) to breach the conditions of the Bounce Back Loan (“BBL”) Scheme by applying for a BBL of £50,000 and utilising the funds obtained under the scheme for his personal benefit and not for the economic benefit of Rajas in that:- Rajas applied for a Bounce Back Loan and on 3 June 2020 received £50,000 into its bank account. On 5 June 2020, £50,000 was transferred to “A M Arshad Fees”. Mr Arshad has not provided evidence to show that the monies have been used for the economic benefit of the business. On 1 February 2021, Rajas entered Liquidation and the BBL of £50,000 remained unpaid. 

This information is correct as at 30 / 3 / 2022



If you believe this page contains any errors, please email legalservices@insolvency.gov.uk with details of the error that you have found.