FSCS in-default register

R.K.Shops & Business Sales (Rajesh Kumar Sharma T/A)

Declared in default25 June 1997FRN 141137

What this means for you

Because R.K.Shops & Business Sales (Rajesh Kumar Sharma T/A) has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

R.K. Shops & Business Sales, trading under FRN 141137 and operated by Rajesh Kumar Sharma, was declared in default by the Financial Services Compensation Scheme on 25 June 1997. The firm's specific regulated product offerings are not detailed in available records. Former customers may be eligible for FSCS compensation depending on the type of financial service provided, subject to standard compensation limits.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.