COMMONS

The Insolvency Service

Inquiry status: inquiry concluded

The Business, Innovation and Skills Committee announced an inquiry into the Insolvency Service on 30 November 2011, which looked at:

  • The role and functions of the Insolvency Service, including:
  • Pre-pack administrations (issues of transparency, their link to ‘phoenix’ companies);
  • Possible regulation and sanction of licensed insolvency practitioners;
  • Creation of an Insolvency Ombudsman?
  • Strengthening of the control of IP’s remuneration?; and
  • The effects of the reductions in the Service’s staff and budget.

The Insolvency Service: further information, including oral and written evidence

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Publications

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    Glossary

    • Reports and associated evidence – Reports of Committee inquires. This category may also include Special Reports where they are used by a Committee to bring matters relating to conduct of its business to the notice of the House.
    • Responses to Reports - Responses may be published as a Special Report, or as a Command Paper. They may also be appended to a Report should the Committee have substantial comments on the Response, in which case they can be found listed under Reports. 
    • Other oral and written evidence - Evidence taken by the Committee that has yet to or did not result in the publication of a Report. This includes transcripts of recent meetings.
    • Estimate Memoranda - An Estimate memorandum is an explanatory note that accompanies a government department’s estimate (a means by which a department seeks authority from Parliament for its spending plans).
    • Correspondence - Correspondence sent from or received by the Committee or its Chair.

Stages of an inquiry

Most, but not all, Select Committee inquiries are conducted as follows:

  • Written evidence called for
  • Oral evidence sessions held
  • Report published
  • Response published

Not all inquiries result in a Report