Statements of Insolvency Practice - England & Wales

The following Statements of Insolvency Practice are the current versions of required practice for Insolvency procedures in England & Wales.

Click here for earlier versions of the SIPs for England and Wales and related guidance

[[[Selection]]] 


SIP 1        

An introduction to Statements of Insolvency Practice

- valid from October 2015


SIP 2

Investigations by Office Holders in Administrations and Insolvent Liquidations

- valid from April 2016


SIP 3

SIP 3.1 Individual Voluntary Arrangements

SIP 3.2 Company Voluntary Arrangements

SIP 3.3 (Scotland) - Trust Deeds

- valid from July 2014


SIP 4

Disqualification of Directors

- valid from September 1998

SIP 5Non-Preferential Claims by Employees Dismissed Without Proper Notice by Insolvent Employers
GUIDANCE OUT-OF-DATE

SIP 6

Decision Making In Insolvency Proceedings

- valid 6 April 2017


SIP 7

Presentation of Financial Information in Insolvency Proceedings

- valid from May 2011

SIP 8SIP 8 Summoning and Holding Meetings of Creditors Convened Pursuant to Section 98 of the Insolvency Act 1986

- superseded by SIP 6 from 6 April 2017

SIP 9

Payments to Insolvency Office Holders and their Associates

- valid from December 2015

SIP 10

SIP 10 Proxy Forms

- superseded by SIP 6 from 6 April 2017

SIP 11

The Handling of Funds in Formal Insolvency Appointments

- valid from June 2007

SIP 12SIP 12 Records of Meetings in Formal Insolvency Proceedings

- superseded by SIP 6 from 6 April 2017

SIP 13

Disposal of Assets to Connected Parties in an Insolvency Process 

- valid from December 2016


SIP 14

A Receiver's Responsibility to Preferential Creditors

- valid from June 1999


SIP 15

Reporting and Providing Information on their Committees and Commissioners

- valid from March 2017


SIP 16

Pre-packaged Sales in Administrations

- valid from November 2015


SIP 17

An Administrative Receiver's Responsibility for the Company's Records

- valid from May 2011