Objective

The Insolvency Practice 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.

Scope and Authority

1. To provide a forum for the exchange of ideas and discussion of issues faced by practitioners;
2. To prepare guidance notes on insolvency & corporate restructuring practice as and when required;
3. 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 constantly evaluate the current framework of insolvency and corporate restructuring law and its practice in Malaysia;
4. To engage in discussion with stakeholders relevant to the insolvency profession, such as the Malaysian Department of Insolvency, Suruhanjaya Syarikat Malaysia and Insolvency Practitioners Association of Malaysia;
5. To encourage and facilitate greater cooperation and communication amongst insolvency and corporate restructuring practitioners in Malaysia; and
6. To deal with any other matters relating to insolvency and corporate restructuring.