This paper presents a review summary of hypervalent Iodine compounds reflects a wide variety beneficial in chemical transformation. The use of hypervalent iodine reagents as catalysts in synthetic transformations. It was planned to use polymer-supported hypervalent iodine reagents as catalysts. These reagents are prepared by per acid oxidation of iodopolystyrene. During reaction, stoichiometric amount of polymeric iodine (III) reagent is required and after completion of reaction, polymeric iodine (III) reagent is reduced to monovalent iodine (I) as side product, which was initially employed for the production of iodine (III) species as outlined.

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