Ghullam Reza Narimani and Nadim Som Narimani, directors of Bombin Limited, which traded as Caf 59 from Apsley Road in Clifton, have been disqualified for 3 years and 6 months and 2 years and 6 months respectively for causing or allowing the company to trade to the detriment of HM Revenue & Customs.
The company went into Liquidation on 3 October 2013. On 15 December 2014 the Secretary of State accepted Disqualification Undertakings from Mr. G Narimani and Mr N Narimani, effective from 5 January 2015.
Both Mr G Narimani (64) and Mr N Narimani (27) have given undertaking to the Secretary of State for Business, Innovation & Skill, which prevents them from becoming directly or indirectly involved in the promotion, formation or management of a company for 3 years and 6 months and 2 years and 6 months respectively from 5 January 2015.
The matters of unfitness that Mr. G Narimani and Mr N Narimani accepted in the Disqualification Undertaking included that they caused Bombin Limited to trade to the detriment of HM Revenue & Customs from at least 7 April 2011 to 23 August 2013, resulting in tax liabilities of 136,055 at liquidation.
Commenting on the disqualification, Sue Macleod, Chief Investigator at The Insolvency Service, said:
These bans should serve as a warning; if you fail to fulfil your obligations and seek to gain an unfair advantage over competitors, by not paying VAT and PAYE, you could lose the protection of limited liability.