World Bank and ICAI to organise training programmes for insolvency professionals

World Bank in association with Indian Institute of Insolvency Professionals of ICAI (IIIPI) is going to organise three training programmes for insolvency professionals (IP) with the first being held at Mumbai.

The first of its kind programme in India will witness the global experts disseminating knowledge and best practices followed worldwide in the sections of Insolvency and Bankruptcy Code.

ICAI President, CA Nilesh Shivji Vikamsey said, “The Insolvency and Bankruptcy code is still in the nascent stages in India. And this is the time where right knowledge dissemination is required for creating a robust pool of professionals in our country. In the training sessions the best of minds will share their knowledge from across the globe.”

During the programme, case studies will be illustrated to cover the “Role and Functions of IPs”. The sessions organised from January 18 to 20, 2018, at Mumbai will cover various aspects of insolvency laws. The programme under the aegis of the Insolvency and Bankruptcy Board of India (IIIBI) will be organised at various centers by IIIPI and the World Bank Group.

“World Bank and IIIPI has prepared the training modules, keeping in mind the Indian scenario but also made sure that the best practices followed worldwide are made available to the insolvency professionals”, Vikamsey added.

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