The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament for regulating and promoting the profession of Chartered Accountancy in India and is in existence for more than seven decades. ICAI is one of the largest professional body with over 1.15 million Members and Students, having a strong tradition of service to the Indian economy in the public interest.
ICAI has achieved recognition as a premier accounting body not only in the country but also globally. ICAI has benchmarked its qualifications and standards to the best in the world. ICAI has established new milestones in the realm of ‘Leadership and Influence' by reaching out to all levels of the Government stratum. ICAI has always worked for all its stakeholders and has been a partner in Nation Building.
With one of the most significant economic reforms brought by the Government of India as the Insolvency and Bankruptcy Code, 2016, the ICAI considering the importance of this legislation has constituted the Committee on Insolvency & Bankruptcy Code to give specific focus on Insolvency and Bankruptcy Laws.
The Committee aims to bring in awareness about this new area of practice in the Insolvency Resolution sphere and facilitates in educating the members and stakeholders at large on the practical aspects and procedures of the Law.
Indian Institute of Insolvency Professionals of ICAI (IIIPI) is a Company formed by ICAI as per Section 8 of the Companies Act 2013, to enroll and regulate insolvency professionals as its members in accordance with Insolvency and Bankruptcy Code, 2016 (IBC). IIIPI is the largest insolvency professional agency in India with around 2700 members under the aegis of Insolvency and Bankruptcy Board of India (IBBI).
ICAI Singapore Chapter operates under the auspices of the Overseas Chapter Network of ICAI and is viewed as a key international chapter. It is a well-regarded professional body in Singapore managed by and for its own members. The Chapter’s objectives include professional & personal development of its members based in Singapore. The Chapter has been playing a pivotal role for Indian CAs in Singapore by curating events on a variety of topics for learning & development.