Signing of the MoU to help in strengthening the insolvency ecosystem in the country: Gyaneshwar Kumar Singh, DG & CEO, IICA

The Indian Institute of Corporate Affairs (IICA), under the aegis of the Ministry of Corporate Affairs, Government of India, marked two significant milestones recently. Starting with the formal opening of registrations for the 8th Batch of the Post Graduate Insolvency Programme (PGIP) on 15th January 2026; the institute also signed a Memorandum of Understanding (MoU) with the Indian Institute of Insolvency Professionals of ICAI (IIIPI–ICAI).

The event witnessed the presence of senior officials of IICA, faculty members, students and key stakeholders like IBPS, the examination partner for PGIP.

Gyaneshwar Kumar Singh, Director General & CEO, IICA, emphasized that PGIP has emerged as a flagship national programme for developing competent and ethical insolvency professionals, aligned with the evolving requirements of India’s insolvency framework. He also highlighted that the signing of the MoU, reflect strong commitment of both the institutions towards academic excellence, institutional collaboration, and strengthening the insolvency ecosystem in the country.

The MoU aims to foster collaboration in areas such as academic exchange, capacity building, research, training programmes, and knowledge sharing in the field of insolvency and bankruptcy.

Speaking on the occasion, CA. Rahul Madan, Managing Director of the Indian Institute of Insolvency Professionals of ICAI highlighted the continuing association with IICA’s PGIP, underscoring the institute’s role in ensuring a robust, transparent, and credible examination and assessment process.

He reaffirmed his institute’s commitment in supporting PGIP-ICAI as it continues to grow in scale and national importance. He emphasized that front line regulator, IIIPI ICAI will be in vintage position to share the modules on Limited Insolvency Test and PREC like preparation to the students.

Dr. Ashok Kumar Mishra, Chairman & Director, IIIPI–ICAI, underscored the critical importance of institutional collaboration in strengthening India’s insolvency ecosystem. He emphasized that such an intense collaboration is essential for developing well-trained insolvency professionals aligned with global best practices.

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NB/ ONP

Post Graduate Insolvency Programme registrations open; MoU fosters collaboration for insolvency training capacity and exams. IICA opened registrations for the 8th batch of the Post Graduate Insolvency Programme and signed a Memorandum of Understanding with IIIPI ICAI to promote academic exchange, capacity building, research, training programmes, and knowledge sharing; IBPS will act as the examination partner and IIIPI ICAI will contribute curricular modules including Limited Insolvency Test and PREC preparation.