Statement of Insolvency Practice "Appointment as Examiner under the Companies (Amendment) Act, 1990" - SIP 19B, which was developed by the Insolvency Committee is now available on CHARIOT.
This Statement addresses:
- The statutory basis for appointment of an examiner;
- The independent accountant's report;
- Timing, communication and administration in the examination process;
- Role of the examiner; and
- Powers and duties of directors of the company.