Name: Safeer Ahmed Bajwa

Name: The Regano Pizza Ltd

Date of Birth: 1 / 3 / 1986

Date Order Starts: 7 / 5 / 2026

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 12102170

Last Known Address: 2 Elston Place, , , , ALDERSHOT, GU12 4HY

Conduct: On 18 December 2020, Mr Safeer Ahmed Bajwa (“Mr Bajwa”) caused The Regano Pizza Limited (“Regano”) to make a Bounce Back Loan (“BBL”) application for £45,000 when he knew or ought to have known that Regano was not eligible for a loan of that amount under the terms of the BBL scheme. Mr Bajwa overstated the turnover of Regano on the BBL application and as a result, Regano received more BBL funds than it was entitled to and did not use the entirety of the loan monies for the economic benefit of the company. In that: • The terms of the BBL Scheme stated that a business could apply for a loan of up to 25% of the company’s turnover, from a minimum of £2,000, up to a maximum of £50,000. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 01 January 2019 it was their estimated turnover. It was also a requirement of the scheme that the applicant declare that all funds were to provide economic benefit to the company. • Regano was incorporated on 15 July 2019. • On 18 December 2020, Mr Bajwa applied for a BBL of £45,000, estimating the company’s annual turnover at £250,000. • Year-End accounts to 31 July 2020 show actual turnover for the first year of £31,082, based on which the company was entitled to a maximum BBL of £7,770.50. • On 21 December 2020, Regano received a BBL of £45,000. Prior to receipt of the BBL, Regano’s bank account balance was £1,066. • Between 21 December 2020 and 22 December 2022, with no further income into the company bank accounts, £35,004 was paid out to third parties and £3,000 was withdrawn in cash. The available accounting records do not evidence that these transactions were for the economic benefit of the company. • Total liabilities at Liquidation amount to £50,662 of which at least £43,462 relates to the amount owed in respect of the BBL. 

This information is correct as at 17 / 4 / 2026

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