International Convention on Insolvency Resolution and Valuation

CA. Gyan Chandra Misra

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.

The Insolvency and Bankruptcy Code (IBC) of 2016 has marked a transformative journey in insolvency resolution, fostering economic stability and confidence within our business ecosystem. With six amendments to date, the IBC continues to demonstrate its adaptability to changing market dynamics and emerging challenges, propelling India towards global recognition in the realm of insolvency.

Amidst this evolving landscape, the significance of precise valuations cannot be overstated. Valuation reports are the linchpin for successful resolution plans, playing a crucial role in maximizing value and aiding stakeholders in making informed decisions. The synergy between insolvency and valuation is undeniable, with the valuation process being integral to the resolution framework. Valuations not only determine the fair value of assets but also guide the resolution process by informing decisions on asset monetization and debt restructuring.

In the light of these developments, "RESOLVE-2024" emerges as a nexus of knowledge, collaboration, and growth in the fields of insolvency and valuation. This immersive convention offers professionals the necessary tools, insights, and connections to thrive in today's dynamic environment. Through meticulously curated sessions, attendees will explore pressing issues such as emerging trends in debt resolution and the strategic role of regulators and policymakers in shaping effective ecosystems for insolvency and valuation. Moreover, participants will have the opportunity to engage with industry leaders, exchange ideas, and forge invaluable connections that transcend geographical boundaries.

As Chairman of the I & VSB Committee of ICAI, I am confident that "RESOLVE-2024" will be an invaluable platform for professionals seeking to stay ahead of the curve and navigate the evolving landscape of insolvency and valuation with confidence and expertise.

Join us at "RESOLVE-2024" and chart a course toward a future of prosperity and resilience in the realm of insolvency and resolution.