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Insolvency Practice Sub-Committee

About - Structure - Committees - Public Practice Committee - Insolvency Practice Sub-Committee - Members
Chairman:
Subramaniam A V Sankar
 
Other Members:
Dato' Raymond Liew Lee Leong
Peter Lim Thiam Kee
 
Non-Council Members:
Amy Lim Swee Geok
Andrew Heng
Gabriel Teo Chun
Geoffrey Foo Lai-Don
Kumar Kanagasingam
Lim San Peen
Lim Tian Huat
Mak Kum Choon
Mea Fatt Leong
Mok Chew Yin
Datuk Ng Seing Liong JP
Ong Hock An
Stephen Duar Tuan Kiat
Wong Chee Lin

About - Structure - Committees - Public Practice Committee - Audit Practice Sub-Committee - Terms of Reference 1. Objectives

The Insolvency Practice Sub-committee (IPC) is established mainly to deal with the insolvency practice issues faced by practitioners with the aim to maintain and enhance their professional competency.

2. Accountability

The Committee will report to the Council.

3. Scope and Authority
   
- To provide a forum for the exchange of ideas and discussion of issues faced by practitioners;
- To prepare guidance notes on insolvency & corporate restructuring practice as and when required;
- To create awareness among members in insolvency and corporate restructuring practice in this country on the highest degree of integrity, objectivity and competency and to consistently evaluate the current framework of insolvency and corporate restructuring law and its practice in Malaysia;
- To encourage and facilitate greater cooperation and communication amongst insolvency and corporate restructuring practitioners in Malaysia;
- To deal with any other matters relating to insolvency and corporate restructuring.
   
4. Term of Office
   
  a) Composition
   
  The composition of the Committee shall be determined by the Nominating Committee of the Institute.
   
  b) Quorum
   
  The quorum for the Committee meetings shall be 4 members (inclusive of Chairperson).
   
  c) Meetings
   
  The Committee shall meet at least three (3) times in the financial year of the Institute.
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