Insolvency Practitioner Sanctions: Adam Boys 28 February 2024
On 28 February a Disciplinary Consent Order was made against Adam Boys of Quality Insolvency Services Limited,
Applies to England, Scotland and Wales
Documents
Details
Summary of complaint
This Order is made in relation to an allegation that between May and July 2022 Mr Boys breached the fundamental principle of Professional Competence and Due Care of the Insolvency Code of Ethics and failed to comply with the principles of Statement of Insolvency Practice (SIP) 3.1 when in the course of advising and obtaining instructions from debtors, he failed to give proper advice resulting in a debtor being placed into an Individual Voluntary Arrangement (IVA) that was unsuitable and unviable.
Accordingly, Mr Boys is liable to disciplinary action under Article 66 of the IPA’s Articles of Association.