High Court Cause List: Winding-Up Petition for Tasneem Tanveer Ahamed Khan (BR-2022-000440)
The Insolvency and Companies Court (Chancery Division) has listed a winding-up petition hearing for the private limited company registered as Tasneem Tanveer Ahamed Khan. Filed under High Court case reference BR-2022-000440, the matter is scheduled for a remote hearing via Microsoft Teams on 6 July 2026 at 15:00.
For creditors, insolvency practitioners, and corporate counsel, the presence of a petition on the court cause list requires immediate attention. A winding-up petition is typically the final enforcement mechanism used by creditors alleging a company's inability to pay its debts under Section 123 of the Insolvency Act 1986.
Expert Analysis: Procedural Anomalies and Timelines
The most striking feature of this listing is the timeline. The case reference BR-2022-000440 indicates that the initial petition or related insolvency documentation entered the court system in 2022. However, the hearing is listed for July 2026.
Standard corporate winding-up petitions are usually heard within six to eight weeks of presentation. A four-year gap between the case reference year and the hearing date is highly unusual. In practice, this extended timeline typically indicates one of three scenarios:
1. A protracted dispute where the court has granted a long-term stay of proceedings pending the outcome of concurrent litigation.
2. A structured settlement or Company Voluntary Arrangement (CVA) where the petition is held in abeyance but kept alive by the court to ensure compliance.
3. A procedural classification anomaly, as the "BR" prefix is traditionally associated with personal bankruptcy, though court records explicitly list this against the corporate entity.
Statutory Profile and Filing History
Registered under company number 12953908, Tasneem Tanveer Ahamed Khan was incorporated on 15 October 2020 and is based in London.
The company operates within the retail sector, classified by the following Standard Industrial Classification (SIC) codes:
- 47710: Retail sale of clothing in specialised stores
- 47721: Retail sale of footwear in specialised stores
- 47722: Retail sale of leather goods in specialised stores
- 47910: Retail sale via mail order houses or via Internet
According to the public register, the company has one active director, Tasneem Tanveer Ahamed Khan (born November 1993). The director is also registered as the Person with Significant Control (PSC), holding 75% or more of the shares and voting rights, granting them the statutory power to appoint or remove the board under the Companies Act 2006.
Recent Statutory Filings
The company's most recent compliance history prior to this listing includes the following filings:
| Document Type | Filing Date | Period Covered |
| :--- | :--- | :--- |
| Confirmation Statement | 11 December 2023 | N/A |
| Total Exemption Full Accounts | 31 July 2023 | Period ending 31 October 2022 |
The submission of 'Total exemption full accounts' confirms the company utilised small company audit exemptions, meaning it fell below the statutory thresholds for turnover, balance sheet total, and employee headcount during that accounting period.
Creditor Risk: Section 127 and Void Dispositions
Once a petition is formally advertised in The Gazette, the company's bank accounts are typically frozen. Under Section 127 of the Insolvency Act 1986, any disposition of the company's property made after the commencement of the winding up (the date the petition was presented) is void unless validated by a court order.
Assessing Exposure: A Creditor's Checklist
Professionals advising suppliers or lenders exposed to a petitioned entity should immediately execute the following steps:
1. Verify the petition status: Confirm whether the petition has been advertised in The Gazette or is merely listed on the cause list.
2. Review existing security: Conduct a company charge check to determine if your client holds a registered fixed or floating charge, and assess the priority of other secured creditors.
3. Halt unsecured credit: Suspend any ongoing supply of goods or services on credit terms to prevent further unsecured losses.
4. Assess retention of title: If goods have been supplied, review the contract's retention of title (Romalpa) clauses and prepare to enforce them before a liquidator is appointed.
5. Consider validation orders: If the company requires ongoing supply to survive and can pay for it, ensure they have obtained a validation order from the court to prevent those payments from being clawed back later.
Realistic Worked Example
Consider a composite scenario where a wholesale footwear supplier (creditor) discovers this petition against a retail client. The supplier recently delivered £15,000 worth of stock on 30-day payment terms. Because the petition is already public on the cause list, the supplier's credit control team must immediately freeze the account. If the retailer attempts to pay the £15,000 invoice tomorrow, that payment constitutes a disposition of property under s.127. If the court ultimately grants the winding-up order in 2026, the appointed liquidator could demand the supplier repay the £15,000 to the insolvency estate, leaving the supplier out of pocket for both the cash and the stock. The supplier must demand proof of a validation order before accepting the funds.
Traditional Monitoring vs Corp Intel
Historically, credit controllers and solicitors tracked insolvency risk manually. This involved daily reviews of the Insolvency Service cause lists, waiting for delayed Gazette notices, or paying for ad-hoc credit reports that often rely on outdated filing data. By the time a manual search revealed a petition, the bank accounts were already frozen, and the financial damage was done.
Modern professional practice requires automation. By using free company monitoring, creditors receive immediate, automated email alerts the moment a petition hits the court list, a new charge is registered, or statutory accounts become overdue. This proactive approach allows legal and finance teams to halt supply, enforce security, or negotiate terms weeks before the wider market becomes aware of the insolvency risk.
FAQ
What does a 'BR' case reference mean in the High Court?
A 'BR' prefix typically denotes a bankruptcy petition against an individual. However, when applied to a registered corporate entity on the cause list, it often indicates a cross-over case (such as a director's personal insolvency impacting the corporate structure) or an administrative classification by the court handling concurrent personal and corporate liabilities.
Can a company continue trading with an active winding-up petition?
Yes, but it is highly restricted. Once advertised, bank accounts freeze. The company can only trade effectively if it obtains a validation order from the court, allowing specific payments to be made without the risk of them being voided under s.127 of the Insolvency Act 1986.
How can I find out who presented the petition?
The cause list does not always name the petitioning creditor. Interested parties must either obtain the petition document directly from the court or wait for the formal advertisement in The Gazette, which names the petitioner and their legal representatives.
How do I check if other companies are facing similar action?
Professionals can perform a winding up petition search to query the daily cause lists and historical court data for any UK registered company.
What happens at the final hearing?
The judge will review the evidence and may grant the winding-up order (forcing the company into compulsory liquidation), dismiss the petition (if the debt is paid or genuinely disputed), or adjourn the hearing to allow more time for settlement.
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Disclaimer: This article reports on information contained in the public court cause list. The listing of a petition does not constitute a declaration of insolvency by the court. For corrections, contact Corp-Intel at contact@corp-intel.co.uk.