Scotland
SIPS

 

The following Statements of Insolvency Practice are relevant for insolvency procedures in Scotland

SIP 1: AN INTRODUCTION TO STATEMENTS OF INSOLVENCY PRACTICE
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SIP2: INVESTIGATIONS BY OFFICE HOLDERS IN ADMINISTRATIONS AND INSOLVENT LIQUIDATIONS
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SIP 3: COMPANY VOLUNTARY ARRANGEMENTS & TRUST DEEDS
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SIP4: DISQUALIFICATION OF DIRECTORS
*APPLIES ONLY TO INSOLVENCY PROCEEDINGS COMMENCED ON OR BEFORE 5 APRIL 2016*
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SIP 5: ISSUED AS INSOLVENCY BULLETIN NO. 5 (OCTOBER 2000)
*NO LONGER APPLIES*
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SIP 6: STATEMENT OF INSOLVENCY PRACTICE 6
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SIP 7: PRESENTATION OF FINANCIAL INFORMATION IN INSOLVENCY PROCEEDINGS
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SIP 8: CONDUCT AT MEETINGS OF CREDITORS HELD PURSUANT TO SECTION 98 OF THE INSOLVENCY ACT 1986
With effect from 6 April 2019 SIP 8 is withdrawn except for limited liability partnerships and for certain special insolvency regimes
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SIP 9: REMUNERATION OF INSOLVENCY OFFICE HOLDERS
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SIP 10: PROXY FORMS
With effect from 6 April 2019 SIP 10 is withdrawn except for limited liability partnerships and for certain special insolvency regimes
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SIP 11: THE HANDLING OF FUNDS IN FORMAL INSOLVENCY APPOINTMENTS
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SIP 12: RECORDS OF MEETINGS IN FORMAL INSOLVENCY PROCEEDINGS
With effect from 6 April 2019 SIP 12 is withdrawn except for limited liability partnerships and for certain special insolvency regimes
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SIP 13A (SCOTLAND) - DISPOSAL OF ASSETS TO CONNECTED PARTIES IN AN INSOLVENCY PROCESS
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SIP 13B: ACQUISITION OF ASSETS OF INSOLVENT COMPANIES BY DIRECTORS
*SUPERSEDED*
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SIP 14: A RECEIVER'S RESPONSIBILITY TO PREFERENTIAL CREDITORS
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SIP 15: REPORTING AND PROVIDING INFORMATION ON THEIR FUNCTIONS TO COMMITTEES (AND COMMISSIONS IN SEQUESTRATIONS) IN FORMAL INSOLVENCIES
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SIP 16: PRE-PACKAGED SALES IN ADMINISTRATIONS
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SIP 17: A RECEIVER'S RESPONSIBILITY FOR THE COMPANY'S RECORDS
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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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