Name: Shuja  Shajahan

Name: Assign-Mentor Consultancy Limited

Date of Birth: 7 / 8 / 1977

Date Order Starts: 20 / 6 / 2025

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 10744562

Last Known Address: 8 Stothard Street,, , , , LONDON, E1 4JA

Conduct: On 22 June 2020 Mr Shuja Shajahan (‘Mr Shajahan’) applied for and obtained a Government-backed Bounce Back Loan (‘BBL’) of £50,000 for Assign-Mentor Consultancy Limited (‘AMC’) by providing false or knowingly inaccurate information regarding AMC’s turnover in 2019, thereby causing it to obtain £43,132 in BBL funding to which it was not entitled, he also failed to ensure that the proceeds of the BBL were used in their entirety for the economic benefit of the business as required under the terms of the BBL scheme. In that: Obtaining a BBL • The BBL scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019 (or estimated annual turnover from the date it commenced trading if it had been established after 01 January 2019), from £2,000 to a maximum of £50,000; • AMC was incorporated in April 2017 and commenced trading around that time; • As AMC was established before 01 January 2019 it was not entitled to estimate its turnover on the BBL application form; • AMC’s bank statements record income of £27,473 in 2019, which would have entitled it to a BBL of no more than £6,868; • On 22 June 2020 Mr Shajahan completed an application form for a BBL from AMC’s bank, self-certifying that its turnover in 2019 was £239,000 and requesting a loan of £50,000. • Therefore AMC obtained £43,132 in BBL funding to which it was not entitled; Disbursal of the BBL • The terms of the BBL scheme required the proceeds to be used solely for the economic benefit of the business; • Immediately before the receipt of the BBL the bank account balance was under £1; • On 22 June 2020 the BBL was paid into AMC’s account; • Between this date and 19 November 2020 a total of £47,500 was paid to Mr Shajahan; • No other income was received and therefore the BBL funded all of these payments; • There is no evidence that any of these payments were for the economic benefit of AMC’s business. • Payments totalling £1,250 were made and the bank has claimed £50,413 under the Government guarantee. The bank is the majority creditor in the liquidation. 

This information is correct as at 3 / 6 / 2025

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