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Statement of Insolvency Practices (SIPS)

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Home / Statement of Insolvency Practices (SIPS)

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

    • 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
    • TR 5: Employees Claims
    • TR 6: Directors as Employees

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About Us

We are an established insolvency practice, dealing with all aspects of personal and corporate insolvency. Together with our expertise in business recovery or turnaround and access to several areas of funding, we are well placed to identify solutions to any business debt problems.

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We specialise in providing solutions suited for the client and their circumstances. We never offer nor recommend a “one size fits all” solution. We will listen to your situation, what you want to achieve and provide you a solution that will achieve your aims.

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© Copyright 2011 Kingsland Financial Solutions. Kingsland Financial Solutions is a trading style of KL Business Solutions Limited. Registered in England and Wales; 7375193.
Insolvency Services, liquidation Advice, administration services, CVL, MVL, CVA advice and services are available from Kingsland Financial Solutions throughout Yorkshire, including Bradford, Leeds, Sheffield and York.