The Indian Institute of Insolvency Professionals of ICAI (IIIPI) jointly with the World Bank Group would be organising the 1st Training Program of its kind in India for Insolvency Professionals (IPs). The programme shall be organised fromat Mumbai under the aegis of the Insolvency and Bankruptcy Board of India (IIIBI). The programme would be the 1st of 3 such programmes to be organised at various centres by IIIPI and the World Bank Group.
The Training Programme will cover the “Role and Functions of IPs”. During the programme, Case Studies wherever relevant, will be utilised.
The programme shall focus on:
· Responsibilities of IPs and Practical Concerns
· Information Utilities, Assessing short term cash-flow, Post-commencement financing
· Legal and practical aspects of recovery of company assets, Plan Implementation, Claims assessment
· IP as a Liquidator
· Cross-Border Insolvency etc.
The faculty comprises of an eclectic mix of Foreign Trainers provided by the World Bank Group and experienced Practitioners from India who will facilitate learning by blending global best practices with local requirements.
The Institute of Chartered Accountants of India (ICAI) is a Statutory body established under the Chartered Accountants Act, 1949 for regulation of the profession of Chartered Accountants in India. ICAI is the second largest accounting body in the world with a strong tradition of service to the public interest and to the Indian economy. The Indian Institute of Insolvency professionals of ICAI (IIIPI) is a section 8 Company ( under the companies act 2013) formed by the ICAI to enroll and regulate Insolvency Professionals as its members in accordance with the Insolvency and Bankruptcy Code 2016 and Regulations.