The OFT has decided to revoke the consumer credit licence of Harkanwaljit Singh Khabra, trading as Town & Country Window Systems, and refused a licence application by a related business St James Financial Services Ltd. Both businesses operate in the West Midlands and manufacture and install conservatories.

The Adjudicator reached this decision because business associates of Mr H S Khabra and St James Financial Services Limited had engaged in deceitful or oppressive business practices.

The Adjudicator also found that numerous County Court Judgments were outstanding against two business associates.

In addition Mr H S Khabra was convicted of three offences under the Insolvency Act 1986 and disqualified from being a company director for a period of five years. Both St James Financial Services Ltd and a business associate were found to have withheld information from OFT when completing their respective applications forms, an offence under the Consumer Credit Act.

The Adjudicator therefore decided that both businesses are not fit to hold a consumer credit licence.

Christine Wade, Director of Consumer Regulation Enforcement, said: ‘Business associates of Mr H S Khabra, have amassed a catalogue of complaints due to their deceitful and oppressive dealings with customers and provided us with false or misleading information when applying for two credit licences. In addition Mr H S Khabra is disqualified from acting as a company director. These matters call into question the suitability of both businesses to provide credit to consumers’.

Source

Glass Age