Poor little Daddy's girl: Reality check for teenage beauty given £30,000 birthday party at 15 featuring Nicole Kidman and Tulisa, as her father goes bust and faces jail

Family faces losing £500,000 home in Vale of Glamorgan
Harbinder Panesar and his daughter Anysha made headlines in 2009 with Moulin Rouge-themed party that featured on MTV's Super Sweet 16
Panesar and business partner named by insurers Templeton who claimed they were owed more than £2.3million for underwriting breakdown policies

Daddy always provided Anysha Panesar with the very best that money could buy – including a £30,000 15th birthday party featuring an X Factor judge and a personal video message from Nicole Kidman.
He also bankrolled her dream to become a beauty queen and model.
But the teenager may have to make do with a less extravagant lifestyle now that her father’s business has gone bust.
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Beauty Queen: Harbinder Panesar bankrolled his daughter's dreams to become a beauty queen

The family's gated home in the Vale of Glamorgan, South Wales, which they are likely to lose after Mr Panesar became bankrupt

Anysha’s gifts at that 15th birthday party in 2009 included a Gucci handbag, a £1,500 mobile phone, a £400 pair of designer sunglasses and a £24,000 Volkswagen Golf GTI with a personalised number plate – even though it would be two years before she could drive it.
The full cost of her big day, which also included a helicopter ride and was featured on an MTV reality TV show, was reported to be up to £30,000.
The youngster’s father Harby, 45, said at the time that any parents planning a similar gathering should have ‘very long pockets and very long arms to reach into those pockets’.

Collapse: Harbinder Panesar is facing ruin and jail

Those pockets won’t be anything like as deep now that he is facing jail and he and his 43-year-old wife could face losing their £500,000 home and six-acre estate in the Vale of Glamorgan although the couple denied this yesterday.
Panesar owned insurance company Motorcare Warranties, but an investigation by the Financial Services Authority found the company had left a trail of victims whose policies were worthless.
A bankruptcy hearing in the High Court banned Panesar from setting up a new business and he was then found to be in contempt of court by launching a new insurance company. Mr Justice Eder ruled Panesar was in contempt for ‘wilful interference with the administration of justice’.
Sentence was adjourned until next month but he warned Panesar: ‘It is important to state that in light of my conclusions, all options remain open including a sentence of imprisonment.’
Yesterday Anysha, who is 18 and lives with her parents, would not comment on the family’s altered circumstances, though a friend said she was supporting her father through the crisis.
It was three years ago that he threw the Moulin Rouge themed party for his daughter where she wore a £3,000 replica dress from the movie. She was also treated to a show by Tulisa Contostavlos and her group N-Dubz. The singer is now a judge on X Factor.
The party was featured on music channel MTV’s My Super Sweet 16 – even though she was only turning 15. The reality show documents the extravagant lives and parties of teenagers with wealthy parents.
Her mother Caroline was reported as saying at the time: ‘I’m really not sure of exactly how much this party cost, but it was absolutely worth it. I love organising Anysha’s parties and sit for hours thinking of themes.’