International Convention on Insolvency Resolution and Valuation
The Institute of Chartered Accountants of India (ICAI), established by an Act of Parliament, is a statutory body with a steadfast commitment to regulating and advancing the accountancy profession in India, serving the nation's economy in the public interest.
In August 2023, ICAI organized the inaugural edition of the "RESOLVE-2023" International Convention on Insolvency Resolution in Singapore, in collaboration with The Insolvency and Bankruptcy Board of India and the Indian Institute of Insolvency Professionals of ICAI. This event, hosted by the Singapore Chapter of ICAI, was attended by 300 professionals and key stakeholders from various jurisdictions. The Convention featured sessions led by more than 30 prominent international and national thought leaders, sharing insights on insolvency resolution.
IBBI, IIIPI and ICAI RVO
President, ICAI
The landscape of insolvency and valuation has evolved dynamically in recent years. Coupled by the profound impact of the Insolvency and Bankruptcy Code of 2016, its resounding success in fostering economic stability has been remarkable, bolstering confidence within the business ecosystem and its stakeholders. The Code which seamlessly encapsulates the different frameworks on insolvency is a one-stop solution for companies in distress. As per the annual report 2022-23 of IBBI, as a percentage of admitted claims, realisation by creditors has increased to 36% in 2022-23. Overall, resolution plans have yielded 169% of liquidation value and 84% of fair value for creditors. The above-stated statistics are reflective of the fact that IBC has not only enhanced the operational efficiency but has also built the blocks for a economically empowered ecosystem of the nation.
Vice President, ICAI
The Insolvency and Bankruptcy reforms in our country were ushered in by the enactment of the Insolvency and Bankruptcy Code, 2016. Through the resolution of the corporate debtor and the implementation of liquidation, the Code has proven effective in mitigating the vulnerabilities linked to financial stress caused by endogenous factors and the vulnerabilities linked to economic stress caused by exogenous factors resulting from changes in the business environment brought about by innovation and policy shifts.
Chairman, I & VSB, ICAI
It is my pleasure to extend a heartfelt invitation to all colleagues to join us for the second edition of the International Convention on Insolvency and Valuation, “RESOLVE 2024,” taking place in New Delhi on July 12th-13th, 2024. This esteemed event is organized by the Insolvency & Valuation Standards Board (I & VSB) of ICAI in collaboration with the Indian Institute of Insolvency Professionals of ICAI and ICAI Registered Valuers Organisation, hosted by the Northern India Regional Council of ICAI.
Vice Chairman, I & VSB, ICAI
It is with an honour and great pleasure, I extend a sincere invite to all the esteemed professionals and prospective participants to the second edition of the International Convention on Insolvency and Valuation, “RESOLVE-2024- Enabling Resolution, Maximising Value, scheduled on 12 th – 13 th July 2024 at Bharat Mandapam, ITPO, New Delhi
President, ICAI
The landscape of insolvency and valuation has evolved dynamically in recent years. Coupled by the profound impact of the Insolvency and Bankruptcy Code of 2016, its resounding success in fostering economic stability has been remarkable, bolstering confidence within the business ecosystem and its stakeholders. The Code which seamlessly encapsulates the different frameworks on insolvency is a one-stop solution for companies in distress. As per the annual report 2022-23 of IBBI, as a percentage of admitted claims, realisation by creditors has increased to 36% in 2022-23. Overall, resolution plans have yielded 169% of liquidation value and 84% of fair value for creditors. The above-stated statistics are reflective of the fact that IBC has not only enhanced the operational efficiency but has also built the blocks for a economically empowered ecosystem of the nation.
DELEGATES
From Across The Globe
UNIQUE
Networking Opportunities
A unique opportunity to learn, share and upgrade
Insights on important insolvency frameworks and Valuation process and methods across different jurisdictions
Knowledge about emerging global trends/avenues for the profession
Technical Sessions by eminent Speakers/Experts
Learn to face the challenges based on experience shared by trend setters
Networking opportunities with Industry experts and peers across the Globe
New membership are not allowed.