International Convention on Insolvency Resolution and Valuation
ABOUT ICAI
ABOUT ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, for regulation and development of the profession of Chartered Accountants in India. ICAI functions under the administrative control of the Ministry of Corporate Affairs, Government of India. It is the largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest.
Over a period of time the ICAI has achieved recognition as a premier accounting body not only in the India but also globally, for maintaining highest standards in technical, ethical areas and for sustaining stringent examination and education standards. Since 1949, the profession has grown leaps and bounds in terms of members and student base.
ICAI Presence
Headquarter
New Delhi, India
Regional Offices
5 (Mumbai , Chennai , Kolkata , Kanpur , New Delhi)
Branch Offices
175 branches spread all over the country
Overseas
50 Chapters
31 Representative Offices spread across 81 cities of the world in 47 Countries.
Overseas Offices in Dubai and Singapore
ICAI Global Footprint
About the Insolvency & Valuation Standards Board of ICAI
The Insolvency & Valuation Standards Board (I & VSB) of ICAI has been newly constituted
for the year 2024-25. The Board has been set up this year to act as an instrument for the
empowerment of the profession and aims to facilitate a fair corporate regime with the best
global practices in the sphere of Insolvency and Valuation.
Also, the Board has been formed to focus on advancement of activities for formulation,
implementation and recognition of ICAI Valuation Standards 2018.
The Insolvency and Valuation Standards Board (I & VSB) plays a crucial role in maintaining
financial stability by establishing and promoting transparent and consistent standards in the
fields of insolvency and valuation.
About Indian Institute of Insolvency Professionals of ICAI
Indian Institute of Insolvency Professionals of ICAI (IIIPI) is a Company formed by ICAI as per Section 8 of the Companies Act 2013, to enroll and regulate insolvency professionals as its members in accordance with Insolvency and Bankruptcy Code, 2016 (IBC). IIIPI is the largest insolvency professional agency in India with around 2700 members under the aegis of Insolvency and Bankruptcy Board of India (IBBI).
About ICAI Registered Valuers Organisation
The ICAI Registered Valuers Organisation, a section 8 Company formed by ICAI, enrolls and regulates registered valuers per the Companies (Registered Valuers and Valuation) Rules, 2017. Its responsibilities include maintaining high ethical standards, ensuring compliance with laws, developing the valuers' profession, promoting professional development, improving regulations, and reporting activities to the Authority. There are around 1092 Registered Valuers enrolled with ICAI RVO and registered with IBBI under Securities and Financial Asset Class.
About NIRC of ICAI
The Northern India Regional Council (NIRC) serves as a constituent entity of ICAI, established on April 1st, 1952, initially known as the Delhi Regional Council. Presently, it represents more than 75,000 Chartered Accountant professionals and approximately 126,000 students, spread across Haryana, Ladakh, Himachal Pradesh, Jammu & Kashmir, NCT of Delhi, Punjab, and the Union Territory of Chandigarh. Its members hold prominent roles in diverse industries and governmental organizations.