Name: Juman Azizul ALAM

Name: SDV HQ LTD

Date of Birth: 4 / 8 / 1989

Date Order Starts: 12 / 2 / 2024

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 08285454

Last Known Address: 14 South Park Drive,, , , , ILFORD,, IG3 9AG

Conduct: Mr Juman Azizul Alam (‘Mr Alam’) caused SDV HQ Ltd (‘SDV’) to act in contravention of the Government-backed bounce back loan (‘BBL’) scheme by applying for and obtaining a second BBL of £50,000 when prohibited from doing so. In that: The terms of the BBL scheme were such that an applicant company could obtain a loan of up to 25% of its turnover for the 2019 calendar year, to a maximum value of £50,000. Any BBL provided was to be used wholly for the benefit of the applicant company. Applicants were permitted to obtain one BBL only. SDV’s turnover entitled it to receive a BBL of up to £50,000. SDV held accounts with two banks, hereafter ‘Bank A’ and ‘Bank B’. On 4 May 2020 SDV applied for a BBL from Bank A of £50,000. The application was refused because the application form was not signed by a director of SDV. On 6 May 2020 SDV applied for a BBL from Bank B of £50,000 (‘the first BBL”). The application form was in the name of a prior director. Mr Alam has stated that the application was made on his instruction. On 8 May 2020 SDV made a second application for a BBL from Bank A of £50,000. The application form was signed by Mr Alam. The application form contained a declaration that the application to Bank A was the only BBL application made by SDV. On 11 May 2020 SDV received BBL monies from Bank A and from Bank B and Mr Alam signed a BBL agreement with Bank B. SDV retained and expended both BBLs. Bank A and Bank B have made claims in SDV’s liquidation of £43,425 and £39,279 respectively. 

This information is correct as at 22 / 1 / 2024

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