Case details for Umar Fiaz JAVED

Name: Umar Fiaz JAVED

Name: RAJA FINEST CUISINE LIMITED

Date of Birth: 27 / 7 / 1994

Date Order Starts: 12 / 10 / 2021

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 11031924

Last Known Address: 68 Summer Lane,, , , , BARNSLEY, S70 2NW,

Conduct: On 7 July 2020, Umar Fiaz Javed (“Mr Javed”) caused Raja Finest Cuisine Limited (“Raja”) to breach the conditions of the Bounce Back Loan (“BBL”) Scheme by applying funds totalling £25,000, obtained under the BBL Scheme, for his personal benefit and not for the economic benefit of Raja. • The terms and conditions of the BBL state that the company must have been adversely affected by coronavirus (Covid-19) and the funds must be used to provide an economic benefit to the business and not for personal purposes; • On 06 July 2020, the sum of £25,000 was deposited in Raja’s bank account in respect of a BBL; • On 07 July 2020, the sum of £25,000 was transferred from Raja’s bank account to his personal bank account; • He states that he used the personal funds to refurbish Raja’s trade premises between 05 July 2020 and 03 August 2020; • He has provided three receipts totalling £11,070, in respect of Raja’s refurbishment expenses. These do not sufficiently evidence that purchases were made on behalf of Raja by him and the remaining £13,930 also remains unaccounted for; • As at 11 November 2020, the date of liquidation, Raja’s total liabilities were £25,500, including £25,000 in respect of the BBL. 

This information is correct as at 23 / 9 / 2021



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