Societies registration enables establishment of a corporate affairs institute to provide capacity building and regulatory support.
The Indian Institute of Corporate Affairs is constituted as an institutional vehicle to support corporate governance, reform and regulation and is registered under the Societies Registration Act, 1860, providing the legal basis for advisory, capacity building and service delivery activities; it functions as a holistic think tank focused on knowledge management, global partnerships and real-time solutions and is operating from Paryavaran Bhawan, CGO Complex, New Delhi.

Regulation of valuation professionals proposed via autonomous institute to standardize business valuation, certification and disciplinary oversight.
Recommendation to establish an autonomous Institute of Valuation Professionals to regulate and professionalise valuation through a Council, independent disciplinary and quality review, a common certifying examination, uniform technical standards, and statutory emphasis on business valuation with integration of specialists for physical assets.