Case details for Rajesh TALWAR

Name: Rajesh TALWAR

Name: RARE FASIONS LIMITED

Date of Birth: 6 / 9 / 1974

Date Order Starts: 21 / 4 / 2020

Disqualification Length: 4 Years  Month(s)

CRO Number: 08345420

Last Known Address: 5 Rockbourne Way,, , , , LIVERPOOL, L25 4TD

Conduct: Rajesh Talwar (“Raj Talwar”) caused or allowed Rare Fashion Limited (“Rare”) to make net payments totalling £109,251 that were to the benefit of him and his co-directors and to the detriment of creditors after 14 July 2017, when he knew or ought to have known that Rare was insolvent. In that: - - In the week ending 14 July 2017 Rare was providing the prospective administrators with financial information in relation to Rare. - On 18 July 2017 Raj Talwar and a co-director met the prospective administrator, who advised that Rare should be placed into administration. - On 20 July 2017 the board resolved to appoint administrators and on 21 July 2017 Rare filed a Notice of Intention to Appoint Administrators. - Between 17 July 2017 and the date of administration Rare paid Raj Talwar’s credit card provider £28,188 and Raj Talwar £1,027. - Between 18 July 2017 and the date of administration Rare paid a co-director’s credit card provider £7,194. - Between 18 July 2017 and the date of administration Rare paid a co-director £33,000. - Between 20 July 2017 and the date of administration Rare paid a co-director £25,000. - On 26 July 2017 Rare paid its factor £14,842, which liability was guaranteed by Raj Talwar. - In the period between 17 July 2017 and the date of administration Rare paid other third parties £55,306. 

This information is correct as at 6 / 5 / 2020


Name: Rajesh Talwar

Name: RARE FASHION LIMITED

Date of Birth: 6 / 9 / 1974

Date Order Starts: 21 / 4 / 2020

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 08345420

Last Known Address: 5 Rockbourne Way,, , , , LIVERPOOL,, L25 4TD

Conduct: Rajesh Talwar (“Raj Talwar”) caused or allowed Rare Fashion Limited (“Rare”) to make net payments totalling £109,251 that were to the benefit of him and his co-directors and to the detriment of creditors after 14 July 2017, when he knew or ought to have known that Rare was insolvent. In that: - - In the week ending 14 July 2017 Rare was providing the prospective administrators with financial information in relation to Rare. - On 18 July 2017 Raj Talwar and a co-director met the prospective administrator, who advised that Rare should be placed into administration. - On 20 July 2017 the board resolved to appoint administrators and on 21 July 2017 Rare filed a Notice of Intention to Appoint Administrators. - Between 17 July 2017 and the date of administration Rare paid Raj Talwar’s credit card provider £28,188 and Raj Talwar £1,027. - Between 18 July 2017 and the date of administration Rare paid a co-director’s credit card provider £7,194. - Between 18 July 2017 and the date of administration Rare paid a co-director £33,000. - Between 20 July 2017 and the date of administration Rare paid a co-director £25,000. - On 26 July 2017 Rare paid its factor £14,842, which liability was guaranteed by Raj Talwar. - In the period between 17 July 2017 and the date of administration Rare paid other third parties £55,306. 

This information is correct as at 11 / 5 / 2020



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