England & Wales
SIPS

 

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

For previous versions please click here

SIP 1: AN INTRODUCTION TO STATEMENTS OF INSOLVENCY PRACTICE
- valid from October 2015
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SIP 2: INVESTIGATIONS BY OFFICE HOLDERS IN ADMINISTRATIONS AND INSOLVENT LIQUIDATIONS
- valid from April 2016
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SIP 3: VOLUNTARY ARRANGEMENTS & TRUST DEEDS
- valid from July 2014
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SIP 4: DISQUALIFICATION OF DIRECTORS
- valid from September 1998
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SIP 5: NON-PREFERENTIAL CLAIMS BY EMPLOYEES DISMISSED WITHOUT PROPER NOTICE BY INSOLVENT EMPLOYERS
GUIDANCE OUT-OF-DATE
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SIP 6: DEEMED CONSENT AND DECISION PROCEDURES IN INSOLVENCY PROCEEDINGS
- valid from May 2011
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SIP 7: PRESENTATION OF FINANCIAL INFORMATION IN INSOLVENCY PROCEEDINGS
- valid from May 2011
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SIP 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- superseded by SIP 6 from 6 April 2017
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SIP 9: PAYMENTS TO INSOLVENCY OFFICE HOLDERS AND THEIR ASSOCIATES
- valid from December 2015
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SIP 10: PROXY FORMS
- superseded by SIP 6 from 6 April 2017
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SIP 11: THE HANDLING OF FUNDS IN FORMAL INSOLVENCY APPOINTMENTS
- valid from 1st January 2018
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SIP 12: RECORDS OF MEETINGS IN FORMAL INSOLVENCY PROCEEDINGS
- August 1996 - Withdrawn with effect from 1st January 2018 except for certain special insolvency regimes.
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SIP 13: DISPOSAL OF ASSETS TO CONNECTED PARTIES IN AN INSOLVENCY PROCESS
- valid from December 2016
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SIP 14: A RECEIVER'S RESPONSIBILITY TO PREFERENTIAL CREDITORS
- valid from June 1999
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SIP 15: REPORTING AND PROVIDING INFORMATION ON THEIR COMMITTEES AND COMMISSIONERS
- valid from March 2017
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SIP 16: PRE-PACKAGED SALES IN ADMINISTRATIONS
- valid from November 2015
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SIP 17: AN ADMINISTRATIVE RECEIVER'S RESPONSIBILITY FOR THE COMPANY'S RECORDS
- valid from August 1997 (re-numbered May 2011)
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Caroline SumnerCaroline Sumner
Technical & Education Director
020 7566 4207
Ben LuxfordBen Luxford
Technical Manager
020 7566 4218
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