ICAEW and IIIPI sign historic agreement
ICAEW has signed an agreement with the Indian Institute of Insolvency Professionals of the Institute of Chartered Accountants of India (IIIPI) to be their knowledge partner in relation to insolvency regulation and education.
The agreement, signed by Duncan Wiggetts, Executive Director, Professional Standards and Nilesh Vikamsey, ICAI's president, will members of ICAEW's Quality Assurance team provide educational webinars and consultancy advice to the IIIPI to assist them develop their insolvency regulatory framework.
India has recently overhauled its archaic regional insolvency laws with the introduction of its Insolvency and Bankruptcy Code 2016. India is consistently one of the fastest-growing large economies in the world.