Name: Aurvinder Kumar DHANDA

Name: Dhanda Associates Ltd

Date of Birth: 8 / 7 / 1976

Date Order Starts: 30 / 1 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 05469944

Last Known Address: 5 Mere Road,, , , , SHEPPERTON,, TW17 9BN

Conduct: Aurvinder Kumar Dhanda (“Mr Dhanda”) caused Dhanda Associates Ltd (“DhandaA”) to obtain a government-backed Bounce Back Loan (“BBL”) of £50,000 when he knew, or ought to have known, that DhandaA was not eligible for any loan under the terms of the BBL Scheme, in that: under the BBL scheme a business was able to borrow up to 25% of its turnover in calendar year 2019, up to a maximum of £50,000 and, if the business was established after 1 January 2019, it was to apply the 25% limit to its estimated annual turnover from the date it started. to be eligible to apply for the BBL, a borrower has to declare the company was carrying on its business on 1 March 2020 and that it was engaged in trading or commercial activity in the United Kingdom as at the date of this application. DhandaA was incorporated on 2 June 2005. dormant company accounts from the Year Ended 30 June 2017 up to and including the Year Ended 30 June 2021 were submitted to Companies House. on or around 3 August 2020, whilst the company was dormant, Mr Dhanda applied for a BBL of £50,000 on behalf of DhandaA, stating in the loan application that DhandaA’s relevant turnover was £214,020. on 3 August 2020, funds of £50,000 were credited to DhandaA’s bank account. on 17 August 2020, funds of £50,000 were transferred from DhandaA’s bank account into Mr Dhanda’s personal account. at the date of the liquidation on 7 July 2022, the Statement of Affairs shows that total liabilities amounted to £47,445, all of which was in respect of the BBL. 

This information is correct as at 10 / 1 / 2024

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