Case details for Majinder Kaur Sangha

Name: Majinder Kaur Sangha

Name: KAPTURE 8 LIMITED

Date of Birth: 16 / 11 / 1979

Date Order Starts: 12 / 12 / 2024

Disqualification Length: 10 years Years 0 Month(s)

CRO Number: 09958694

Last Known Address: 9 Elm Close, , , , Shropshire, TF11 8FH

Conduct: Manjinder Kaur Sangha (“Ms Sangha”) caused Kapture 8 Limited (“Kapture 8”) to breach the conditions of the Bounce Back Loan (BBL) Scheme by applying for a Bounce Back Loan of £50,000 when Kapture 8 was only eligible for a loan to a maximum of £2,000 based on the company’s turnover. Of the £50,000, a total of £10,000 was paid directly to Ms Sangha and was not for the economic benefit of Kapture 8, contrary to the conditions for the use of the BBL. In that: a) The Government’s BBL rules allowed small and medium sized businesses adversely affected by the Coronavirus to borrow between £2,000 and £50,000, up to a maximum of 25% of their turnover. B) Kapture 8’s last filed accounts show turnover of £7,925 for the period ended 31/03/2019, and bank statements from September to December 2019 show a turnover of £2,656 which would indicate that the company was not entitled to make an application for more than the minimum loan amount of £2,000. c) Ms Sangha submitted a BBL application on behalf of Kapture 8 on 06/05/2020 in which she declared that Kapture 8’s turnover was £200,000. d) A BBL of £50,000 was paid into Kapture 8’s bank account on 11/05/2020. e) The BBL rules state that a business must declare that it will use the loan only to provide economic benefit to the business, and not for personal purposes. F) Bank statements show five withdrawals of £2,000 each being transferred to Ms Sangha between 03/02/2021 and 28/04/2021, which she has confirmed she paid to herself. G) Bank statements also show withdrawals totalling £15,700 in “consultant” transactions between 02/02/2021 and 28/04/2021 and payments to Amazon totalling £11,595.65 between 11/05/2020 and 15/07/2021. Ms Sangha has been unable to supply the evidence to show that the payments were for the economic benefit of the company. H) A repayment of £887.37 has been made by Ms Sangha towards the BBL of £50,000. 

This information is correct as at 8 / 1 / 2025



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