Monday, January 14, 2019

Govt to Launch Academic Course on Insolvency


Govt to Launch Academic Course on Insolvency

Aims to create a pool of 45 bankruptcy professionals annually to deal with bad loan issue

In the next few weeks, the government is set to launch the Graduate Insolvency Programme, a bespoke academic course, the first of its kind in the world, to create a pool of 45 bankruptcy professionals annually.

The course will be similar to those graduating with top honours at the IIMs or IITs. The 27-month programme is expected to set a global benchmark for insolvency professionals, as India seeks to extricate about 10 lakh crore in soured loans.

By February first week, the Insolvency and Bankruptcy Board of India will launch it as preparations are at an advanced stage, a senior executive with the knowledge of the matter told ET. A six-member working group has finalised the broad contours of the course like date of first admission, course fees, study modules and so on.

Full Info | https://economictimes.indiatimes.com/news/economy/finance/want-to-graduate-in-insolvency-heres-how-you-can/articleshow/67531038.cms

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Mr. Pralhad Jadhav  
Research Scholar (IGNOU)
Senior Manager @ Knowledge Repository  
Khaitan & Co 
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