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KANGS has advised and assisted our client in insolvency proceedings by obtaining a Bankruptcy Order against an individual to whom she had loaned one hundred thousand pounds. If a creditor is owed a debt of five thousand pounds or more, one of the recovery options available is the issue of a Bankruptcy Petition requesting the […]
09/12/25
In the case of Ciddy Ltd v Natalia [2025] EWHC 1616 (Ch), Judge Agnello KC dismissed a bankruptcy petition issued in respect of an unpaid debt arising from a Loan Agreement, which the court found resulted from an ‘unfair relationship’ and contained an unenforceable penalty clause. Anjana Natalia (‘the debtor’) challenged the petition on the […]
30/10/25
KANGS has successfully represented our client, a former director of a liquidated hotel business, avoid Director Disqualification Proceedings under the Company Director’s Disqualification Act 1986, which sought to remove him from his role as company director. Nazaqat Maqsoom of KANGS outlines the circumstances leading to the investigation conducted by the Insolvency Service. The Circumstances of […]
02/10/25
Director disqualification, as set out in the Company Directors Disqualification Act 1986 (‘the Act’), serves to protect the public interest by preventing further misconduct on the part of an offending director. It does so by imposing a period during which the individual is disqualified from holding any office within a corporate body. Whilst the vast […]
22/09/25
A company director loan refers either to money lent to the company, for example, to support its cashflow during a difficult period, or money taken from the company by one or more directors by way of loan. This article focuses on money taken from the company by way of loan, which is perfectly legal provided […]
10/09/25
In a previous article entitled ‘Formal Review of The Loan Charge,’ part of a series of articles addressing tax avoidance schemes and umbrella companies, we mentioned the powers enjoyed by HMRC when tax evasion is suspected. Furthermore, we mentioned HMRC’s warning that such schemes never work, as supported by decisions of the Supreme Court in […]
09/06/25
