Statements of Insolvency Practice are issued to members of R3 and give guidance as to the best practice to be adopted by authorised insolvency practitioners having regard to the relevant legislation. They are adopted by each of the Recognised Professional Bodies for promulgation as part of each RPB’s regulatory regime and are issued to insolvency practitioners authorised by the Secretary of State for Trace and Industry.
Statement of Insolvency Practice
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- SIP 1: Books & Records
- SIP 2: Investigations
- SIP 3: Voluntary Arrangements
- SIP 4: Directors Disqualification
- SIP 7: Receipts and Payments
- SIP 8: Creditors’ Meetings
- SIP 9: Remuneration
- SIP 10: Proxy Forms
- SIP 11: Handling of Funds
- SIP 12: Records of Meetings
- SIP 13: Directors Acquisistion of Assets
- SIP 14: Preferential Creditors
- SIP 15: Formal Insolvencies
- SIP 16: Pre-packaged Administrators
- Technical Releases



