Insolvency practitioner sanctions: Ian Rose 13 November 2025
On 13 November 2025 a disciplinary consent order was made against Ian Rose of Sheffield
Applies to England, Scotland and Wales
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This Order is made in relation to a complaint that Ian Rose breached the Fundamental Principle of Professional Competence and Due Care of the Insolvency Code of Ethics, when he failed to comply with section 256A(3) (a) and (b) of the Insolvency Act 1986 and Statement of Insolvency Practice 3.1 paragraphs 10, 14 and 15 by:
- Wrongly certifying that an Individual Voluntary Arrangement (IVA) proposal had a reasonable prospect of being approved and implemented and should be considered by the debtor’s creditors when on the information, available to him, it was not possible to properly reach such a conclusion; and
- Wrongly opposing the petitioning creditor’s application to set aside the IVA, rather than taking a neutral stance between the petitioning creditor and the debtor.
Accordingly, Mr Rose was found liable to disciplinary action under the IPA’s Articles of Association.