Bankruptcy Hearing Listed for Kumaraswamy Nursimloo: Case BR-2022-000114
A bankruptcy petition concerning Kumaraswamy 'Vedan' Nursimloo is scheduled for a hearing at the High Court of Justice, Insolvency and Companies Court. Under case reference BR-2022-000114, the matter will be heard at the Rolls Building on 20 July 2026. Public filings confirm Mr Nursimloo is the sole active director of ALSO KNOWN AS LIMITED (Company Number 05379513).
For commercial counterparties, a director facing personal insolvency proceedings triggers immediate statutory and operational risks, particularly regarding the continuity of corporate management and the potential freezing of company bank accounts.
High Court Hearing Details
| Detail | Information |
| :--- | :--- |
| Case Number | BR-2022-000114 |
| Court | High Court (Insolvency and Companies Court) |
| Venue | The Rolls Building, Fetter Lane, London |
| Date | 20 July 2026 |
| Time | 10:30am |
| Subject | Kumaraswamy "Vedan" Nursimloo |
Expert Analysis: Statutory Implications for Sole Directors
The 2022 case prefix indicates this petition has been active for an extended period. In personal insolvency, protracted timelines often suggest a heavily disputed debt, an extended statutory demand process, or multiple adjournments to allow for voluntary settlement.
If a bankruptcy order is made under the Insolvency Act 1986, the immediate corporate consequence is governed by s.11 of the Company Directors Disqualification Act 1986. An undischarged bankrupt is strictly prohibited from acting as a director or indirectly participating in the promotion, formation, or management of a company without explicit leave from the court.
Because Mr Nursimloo is the sole director of ALSO KNOWN AS LIMITED, a bankruptcy order would leave the entity without statutory representation. Companies House typically moves to strike off companies lacking an active natural director, placing any corporate assets at risk of passing to the Crown under bona vacantia.
Corporate Profile and Security Review
ALSO KNOWN AS LIMITED, registered at 165A Long Line, Sheffield, S11 7TX, operates under SIC code 32130 (manufacture of imitation jewellery). The entity is currently classified as dormant on the Companies House register.
Despite the dormant status, professionals must assess whether corporate assets are encumbered. Creditors should perform a company charge check to confirm if the director has executed personal guarantees secured by corporate assets, or if cross-collateralisation exists that could expose the company to the director's personal creditors.
Worked Scenario: The Risk to Commercial Landlords
Consider a scenario where a commercial landlord leases premises to a dormant or non-trading entity, relying on the sole director as a personal guarantor. If that director is subject to a bankruptcy petition, the landlord faces a dual risk: the personal guarantee becomes an unsecured claim in the bankruptcy estate, and the corporate tenant risks being struck off for lacking a director. The landlord must immediately review the lease terms for insolvency termination clauses and assess the viability of recovering arrears before the Official Receiver assumes control of the individual's estate.
Risk Mitigation Framework
When a connected director appears on the bankruptcy cause list, credit controllers and legal advisers should execute the following steps:
1. Isolate the exposure: Identify all active and dormant entities where the individual holds a directorship or significant control.
2. Review security instruments: Check the corporate register for fixed and floating charges that might be called in by a secured creditor.
3. Assess cross-default triggers: Review facility agreements to determine if a director's personal bankruptcy constitutes an event of default for the company.
4. Implement tracking: Establish free company monitoring to receive immediate alerts if a form TM01 (Termination of appointment of director) is filed.
5. Check for corporate insolvency: Run a winding up petition search against the connected companies to ensure creditors have not simultaneously targeted the corporate entity.
Modernising Insolvency Due Diligence
Traditionally, risk teams manage director insolvency exposure manually. This requires cross-referencing daily cause lists against statutory notices in The Gazette, pulling individual director appointments from Companies House, and routinely checking the Insolvency Service register. This fragmented approach often results in delayed awareness, leaving creditors exposed if a sole director is disqualified and the company bank accounts are subsequently frozen.
Corp Intel consolidates this workflow. By linking High Court cause lists directly to corporate structures, professionals receive immediate visibility of personal insolvency risks affecting corporate management. Automated alerts replace manual register checks, ensuring credit teams can act before a company is rendered statutorily leaderless.
To track the outcome of this hearing and monitor the connected corporate entity, professionals can utilise the Corp Intel company search platform.
Disclaimer
This report summarises entries on the published court cause list. Presentation of a petition is not a determination of insolvency; the outcome is a matter for the court. Companies believing they are named incorrectly should email contact@corp-intel.co.uk.