IICA to Host National Conference Marking a Decade of India’s Insolvency Reforms
Experts, policymakers and industry leaders to deliberate on the future of India's restructuring ecosystem as Insolvency and Bankruptcy Code completes 10 years
Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, and Gyaneshwar Kumar Singh, Girector General and CEO of IICA, are also scheduled to address the gathering.
New Delhi: The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, in collaboration with the Association of Insolvency Professional Entities (AIPE), will organise a national conference on June 13 to mark a decade of the Insolvency and Bankruptcy Code (IBC), 2016 and discuss the future of India’s restructuring ecosystem.
The conference, titled “Redefining India’s Restructuring Ecosystem: A Decade of Learning – Directions for the Future,” will be held at the Pradhanmantri Sangrahalaya Auditorium in New Delhi.
The event comes at a significant juncture as India completes ten years of the landmark insolvency reform that transformed the country’s corporate distress resolution framework through a transparent, time-bound and market-oriented process.
The conference will bring together policymakers, regulators, judicial authorities, insolvency professionals, bankers, financial institutions, industry leaders, researchers, academicians and students to reflect on the evolution of the insolvency ecosystem and explore future reforms.
A major highlight of the programme will be the convocation ceremony of the sixth batch of the Post Graduate Insolvency Programme (PGIP), IICA’s flagship academic initiative aimed at creating a new generation of highly skilled insolvency professionals.
Harsh Malhotra, minister of state for corporate affairs, will attend as chief guest. Justice Ashok Bhushan, chairperson of the National Company Law Appellate Tribunal (NCLAT), will deliver the convocation address, while Justice Anupinder Singh Grewal, president of the National Company Law Tribunal (NCLT), will participate as guest of honour.
Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, and Gyaneshwar Kumar Singh, Girector General and CEO of IICA, are also scheduled to address the gathering.
According to IICA, the Insolvency and Bankruptcy Code has played a transformative role in strengthening credit discipline, improving investor confidence, facilitating value maximisation and enhancing ease of doing business in India over the past decade.
As the country advances towards the vision of Viksit Bharat, the conference aims to generate forward-looking discussions on institutional strengthening, innovation, stakeholder collaboration and adoption of global best practices to support the continued evolution of India’s insolvency framework.
The conference will feature four thematic sessions covering cross-border insolvency frameworks under the IBC, early-stage resolution mechanisms including pre-packs and corporate insolvency resolution processes, development of a mature distressed asset ecosystem, and the role of technology and innovation in building a future-ready insolvency architecture.
Senior representatives from the ministry of corporate affairs, Insolvency and Bankruptcy Board of India (IBBI), NCLT, NCLAT, insolvency professional agencies, information utilities, banks, financial institutions, asset reconstruction companies, alternative investment funds, legal firms, advisory organisations, academia and research institutions are expected to participate.
IICA, a premier think tank and policy advisory institution under the ministry of corporate affairs, plays a key role in advancing corporate governance, insolvency and bankruptcy, competition law, ESG, responsible business conduct and economic governance.
The conference is expected to serve as a platform for thought leadership, policy dialogue and professional capacity building as India seeks to develop a more robust, resilient and globally competitive insolvency ecosystem.
