LNB News 08/05/2025
Document Information
Issue Date: 08 May 2025
Published Date: 08 May 2025
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
The Insolvency Service reports a 12-year directorship disqualification order against Joseph Harrison, former director of South East Commercials Ltd, for obtaining multiple coronavirus bounce back loans (BBL) in breach of scheme rules. Harrison has been ordered to repay £38,295 and the disqualification, effective from 6 May 2025, was made under sections 6 and 15A of the Company Directors Disqualification Act 1986. The investigation found Harrison had obtained two £45,000 loans when the scheme permitted only one per company. South East Commercials Ltd was dissolved in January 2025.
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