Our Objectives
Our Founder Members
Our Board of Directors
Our Secretariat
Our Constitution
Our Logo
The Insolvency Practitioners Association of Singapore Limited (IPAS) was incorporated as a company limited by guarantee on 12 April 2005 with the Institute of Singapore Chartered Accountants (ISCA) formerly known as Institute of Certified Public Accountants of Singapore (ICPAS) and the Law Society of Singapore (Law Society) pursuant to the recommendations of the Company Legislation and Regulatory Framework Committee.

The members of IPAS are ISCA and the Law Society.

IPAS was set up to among other things provide a corporate identity and an organisation for insolvency practitioners and finance and other professionals; to set standards for the insolvency profession; to provide training and continuing professional development to insolvency professionals; to advance the status and interest of insolvency professionals; to protect the character of the insolvency profession; and to frame and establish rules for observance in matters pertaining to codes of professional conduct and practice and the award of certificates and qualifications. It also aims to regulate and exercise professional supervision over insolvency practitioners, associates, fellows and students of IPAS.

[View/Download our Code of Professional Conduct & Ethics]

Our Objectives include:
  1. To provide a corporate identity and an organisation for insolvency professionals; to support and advance the status and interest of insolvency professionals; to protect the character of the insolvency profession ("the profession"); to exercise professional supervision over the members, associates and fellows of the Company; to frame and establish rules for observance in matters pertaining to codes of professional conduct and practice and the award of certificates and qualifications.
     
  2. To provide recognised qualifications for persons who are employed or otherwise engaged in insolvency or financial duties in commercial, industrial, public sector, non-profit organisations or in the offices of practising accountants or advocates and solicitors; and to promote in the public interest the technical competence of persons who are granted such qualifications.
     
  3. To provide a means for considering questions affecting the interests of the profession; to initiate, watch over, petition and take whatever action may seem desirable in relation to legislative or other measures affecting the profession.
     
  4. To provide means by examination or otherwise for assessing the knowledge, experience and character of candidates for admission as an associate or fellow.
     
  5. To encourage the study of the theory and practice in subjects allied or related to the work performed by insolvency professionals and to the profession; and for that purpose to conduct classes, hold courses or otherwise provide facilities and opportunities for the training, instruction, education and development of insolvency professionals; to promote a forum for discussions; to hold seminars, workshops, conferences and meetings for the reading of papers and the delivery of lectures; and for the acquisition and dissemination by other means of information connected with or of interest to the profession.
     
  6. To form a library for the use of members, associates, fellows and registered students; and to collect collate and publish information of service or interest to members, associates and fellows of the Company; to provide information on technical developments; news about the Company, views and opinions of members, associates, fellows and registered students or to advance the objects of the Company.
Our Founder Members
  1. The Institute of Singapore Chartered Accountants (ISCA) is the national organisation of the accountancy profession in Singapore. It was established in June 1963 as the Singapore Society of Accountants (SSA) under the Singapore Society of Accountants Ordinance, then reconstituted and renamed ISCA on 11 February 1989, under the Accountants Act 1987. As of 1 April 2004, ISCA is reconstituted as a society under the Societies Act. The mission of the ISCA is "to develop, support and enhance the integrity, status and interests of the accountancy profession in Singapore". ISCA seeks to achieve its mission by maintaining high standards of technical competence among its members; upholding the integrity and independence of the accountancy profession; enhancing the professional image and voice of the accountancy fraternity; contributing meaningfully to society through an active involvement in community service; and maintaining high standards of professionalism and productivity within the Institute's organisation and management to better serve the needs of its members.
     
  2. Established in 1967, the Law Society of Singapore governs the conduct of all lawyers practising in local Singapore law practices. The functions of the Law Society are set out in the Legal Profession Act (Chapter 161). Amongst the main purposes of the Society is to facilitate the acquisition of legal knowledge by members of the legal profession, maintain and improve the standards of conduct and learning of the legal profession in Singapore and assist the public in all matters touching or incidental to the law.
Our Board of Directors
 
  1. Mr Bob Yap
    (representing the Institute of Singapore Chartered Accountants)
     
  2. Mr Chee Yoh Chuang
    (representing the Institute of Singapore Chartered Accountants)
     
  3. Mr Nish Kumar Shetty
    (representing The Law Society of Singapore)
     
  4. Mr Seshadri Rajagopalan
    (representing the Institute of Singapore Chartered Accountants)
     
  5. Edwin Tong
    (representing the Law Society of Singapore) 

  6. Sushil Nair
    (representing the Law Society of Singapore)

  7. Mr Tam Chee Chong
    (representing the Institute of Singapore Chartered Accountants)
     
  8. Mr Balakrishnan Ashok Kumar
    (representing The Law Society of Singapore)
     
  9. Mr Sandrasegara Manoj Pillay
    (representing The Law Society of Singapore)
     
  10. Mr Goh Thien Phong
    (representing the Institute of Singapore Chartered Accountants)
     
Our Secretariat

Insolvency Practitioners Association of Singapore Limited
c/o Institute of Singapore Chartered Accountants

Address : 60 Cecil Street, ISCA House, Singapore 049709
Tel : 6749 8060
Fax : 6749 8061
E-mail : ipas.secretariat@isca.org.sg
Our Constitution