IICA Opens Registrations for 8th PG Insolvency Programme, Signs MoU with IIIPI–ICAI

New Delhi– The Indian Institute of Corporate Affairs (IICA), functioning under the Ministry of Corporate Affairs, has taken two major steps towards strengthening India’s insolvency framework by opening registrations for the 8th batch of the Post Graduate Insolvency Programme (PGIP) and signing a Memorandum of Understanding (MoU) with the Indian Institute of Insolvency Professionals of ICAI (IIIPI–ICAI).

Registrations for the new PGIP batch were formally launched on January 15, 2026. The occasion also marked the signing of the MoU aimed at deepening academic and institutional collaboration in the field of insolvency and bankruptcy. Senior officials of IICA, faculty members, students and key stakeholders, including IBPS, the examination partner for PGIP, were present at the event.

Gyaneshwar Kumar Singh, Director General and CEO of IICA, said that the PGIP has evolved into a flagship national programme for nurturing skilled and ethical insolvency professionals in line with the changing needs of India’s insolvency ecosystem. He noted that the MoU reflects a shared commitment by both institutions to promote academic excellence, capacity building and knowledge sharing, which will contribute to strengthening the country’s insolvency framework.

The agreement between IICA and IIIPI–ICAI provides for cooperation in areas such as research, training programmes, academic exchange and professional development related to insolvency and bankruptcy.

Speaking at the event, CA Rahul Madan, Managing Director of IIIPI–ICAI, highlighted the institute’s continued association with IICA’s PGIP and its role in ensuring a credible, transparent and robust examination and assessment process. He reaffirmed IIIPI–ICAI’s support to the programme as it expands in scale and national relevance, adding that the institute will contribute to training modules related to the Limited Insolvency Examination and professional preparedness.

Dr. Ashok Kumar Mishra, Chairman and Director of IIIPI–ICAI, stressed that strong institutional partnerships are vital for building a resilient insolvency ecosystem. He said such collaborations are essential for developing insolvency professionals who are aligned with global best practices.

The twin initiatives are expected to enhance professional capacity and further strengthen India’s insolvency and bankruptcy ecosystem.