Insolvency practitioner sanctions: Nicholas Barnett 2 September 2025
On 2 September 2025 a disciplinary consent order was made against Nicholas Barnett of Hertfordshire
Applies to England, Scotland and Wales
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Details
This Order is made in relation to a complaint that Nicholas Barnett
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in his role as Office Holder of no less than 79 insolvency estates, breached the fundamental principle of professional competence and due care of the Insolvency Code of Ethics when he failed to prepare and/or file progress reports at Companies House either at all, or by the statutory deadline.
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in his role as Administrator of a company breached paragraphs 76-78 of Schedule B1 of the Insolvency Act 1986 when he failed to obtain the required consent from the Court to extend the period of the Administration
Accordingly, Mr Barnett is liable to disciplinary action under Article 67 of the IPA’s Articles of Association.