Insolvency practitioner sanctions: Mark Littleton-Gray 20 June 2025
On 20 June 2025 a Consent Order was made against Mark Littleton-Gray of Southampton
Applies to England, Scotland and Wales
Documents
Details
Summary of complaint
1. Between 12 May 2022 and around 2 February 2023 Mr Mark Littleton-Gray failed to identify that estate monies were not held in an account where funds are readily identifiable to each separate estate, which is a breach of Statement of Insolvency Practice 11.
By failing to identify the breach of Statement of Insolvency Practice 11, Mr Mark Littleton-Gray failed to comply with the Fundamental Principle of Professional Competence and Due Care as set out at R2103.1 in the Insolvency Code of Ethics (effective from 1 May 2020).
2. Between 29 August 2022 and 30 August 2022 Mr Mark Littleton-Gray, as Nominee of the Individual Voluntary Arrangement of Mr “X”:
- Failed to ensure compliance with Paragraph 6 of Statement of Insolvency Practice 3.1 in relation to the Proposals because insufficient and incorrect information was disclosed about assets, and/or
- Failed to comply with Paragraph 6 of Statement of Insolvency Practice 3.1 in relation to his Nominee Reports because insufficient and incorrect information was disclosed about assets, and/or
- Failed to ensure compliance in accordance with Rule 8.5(1) of the Insolvency (England and Wales) Rules 2016 because insufficient and incorrect information was disclosed about assets.
In doing so, Mr Mark Littleton-Gray failed to comply with the Fundamental Principle of Professional Competence and Due Care as set out at R2103.1 in the Insolvency Code of Ethics (effective from 1 May 2020).