Case details for Mokshudur Rahman

Name: Mokshudur Rahman

Name: KINGTON CUISINE LTD

Date of Birth: 15 / 1 / 1979

Date Order Starts: 23 / 12 / 2024

Disqualification Length: 11 years Years 0 Month(s)

CRO Number: 10843659

Last Known Address: 86 Alexandra Road, , , , BIRMINGHAM, B21 0PP

Conduct: Mr Mokshudur Rahman (“Mr Rahman”) caused Kington Cuisine Ltd trading as Taj Mahal (“Kington”) to overstate its turnover on its application for a BBL, which resulted in Kington obtaining a BBL that was £26,781 more than it was entitled to. In addition, Mr Rahman failed to ensure that the entirety of the BBL was used for the economic benefit of Kington, contrary to the terms of the scheme, in that: · The BBL scheme terms allowed businesses to receive a loan of up to 25% of their annual turnover for the 2019 calendar year, which the applicant would self-certify when completing the BBL application. If a company was established after 01 January 2019, they were allowed to estimate the company turnover from the date the company started to trade. · Kington was incorporated on 30 June 2017. · Mr Rahman declared on the company’s BBL application form an annual turnover for 2019 of £170,000, · Bank statements for the period 01 January 2019 to 31 December 2019 show total receipts of £60,873 attributable to business income. · This would have meant the company was eligible to apply for a BBL of £15,219. · The overstatement of turnover totalling £109,127 meant that Kington received £26,781 more than it was entitled to from the BBL scheme. · The terms of the BBL scheme stated that the BBL was to be used only for the economic benefit of the business, used wholly for business purposes and not personal purposes. · On 28 May 2020 Kington received a £42,000 BBL, prior to the BBL receipt, the balance in the account was £2,171. · Between 02 June 2020 and 09 June 2020, Mr Rahman made cash withdrawals of £37,000. During the same period, Kington received trading income of £2,357 · Of the £37,000 withdrawn, at least £32,472 came from BBL funds. · Mr Rahman has failed to provide evidence to demonstrate that these cash withdrawals were for the economic benefit of Kington and were contrary to the terms of the scheme. · Kington entered Creditor’s Voluntary Liquidation on 07 September 2022. · At liquidation, Kington had liabilities totalling £66,010 of which £40,030 was owed to the bank in respect of the BBL. 

This information is correct as at 11 / 12 / 2024



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