Narya Hart Limited (13908917): administration
- Status
- In administration
- Administration began
- 2023-10-13
- Administrators
- Michael James Wellard
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2022-02-11
- Location
- Hertford
- Industry
- 68100 Buying and selling of own real estate
From the administrators' statement
The Company's sole Director and sharehoider is Mr Pragnesh Modhwadia, who was also a Director and sole shareholder at the law firm Axiom Ince Limited. Mr Modhwadia is suspected of misusing significant amounts of cent money, resulting in an account shortage estimated to be more than £60 million. On 10 August 2023, the Solicitors Regulation Authority closed down his personal practice.’ On 26 October 2023, Mr Alex Cadwallader and Mr Neil Bennett of Leonard Curtis were appointed Joint Administrators of Axiom Ince Limited.
On 7? September 2023, Mr Joseph Pitt and Mr James Davies of Fraser CRE Limited t/a Fraser Real Estate were appointed Joint Fixed Charge Receivers ("FCR'") of the Property by MTB.
On 13 October 2023, | was appointed Administrator of the Company by MTB under its floating charge.
Administrators' statement of proposals (2023-12-07) · Companies House register