The journey of RESOLVE began in 2023 with its inaugural edition in Singapore, which laid the foundation for structured global dialogue in insolvency and valuation. This was followed by the second edition in 2024 at Bharat Mandapam, New Delhi, which drew participation from global thought leaders and offered deep insights into sectoral and policy issues. Each edition has significantly contributed to building capacity and enhancing awareness in the profession. RESOLVE–2025 seeks to carry this legacy forward by deepening international perspectives and equipping professionals for emerging challenges.
The enactment of the Insolvency and Bankruptcy Code (IBC) in 2016 has indeed been a landmark reform in the economic history of India. For financial creditors, especially banks and other lending institutions, the IBC has provided a much-needed legal framework to address the longstanding issue of non-performing assets (NPAs) that had plagued balance sheets and constrained credit growth for years. Rooted in the recommendations of the Bankruptcy Law Reforms Committee (BLRC), the Code reoriented insolvency as a business decision, empowering creditors to drive the process through the Committee of Creditors (CoC).
In this nine years journey, the IBC has also fostered a behavioral shift among debtors, encouraging them to take prompt action when facing financial distress. The frequency of loans moving from ‘Overdue’ to ‘Normal’ status has increased and the average duration loans remain overdue before being regularized has decreased sharply from 248-344 days to 30–87 days. This indicates a growing commitment from both debtors and creditors to resolve delinquencies swiftly.
RESOLVE–2025, the 3rd edition of the International Convention on Insolvency Resolution and Valuation, organized by the Institute of Chartered Accountants of India (ICAI) through its Insolvency & Valuation Standards Board in association with Indian Institute of Insolvency Professionals of ICAI (IIIPI) and ICAI Registered Valuers Organisation (ICAI RVO) hosted by Western India Regional Council (WIRC) of ICAI, is scheduled to be held on 01st and 2nd December, 2025 at Hotel Aurika, Mumbai International Airport. With the theme "Enabling Resolution, Maximizing Value," this global convention will bring together regulators, policymakers, insolvency professionals, valuers and domain experts from across various jurisdictions to deliberate on evolving best practices and forward-looking strategies.
With participation from diverse economies and institutions, "RESOLVE-2025" promises to serve as an exceptionally impactful platform featuring distinguished speakers and thought leaders and is designed to spark innovation across the professional landscape. It encourages participants to break away from transcend conventional boundaries, embrace forward-thinking strategies and proactively equip themselves for the evolving complexities of the future.