The Insolvency and Bankruptcy Code, 2016 has built a strong ecosystem in the insolvency resolution sphere in India and the increasing complexities of markets have catapulted the need for augmenting and strengthening the Insolvency ecosphere to serve the public interest. Of late propagation of Insolvency Professionals and other Stakeholders involved in the Resolution Process has gained momentum and they stand today as bedrock of sustaining and ensuring economic resilience not only under insolvency regime but the entire spectrum of economic value chain.
Looking at the growing importance and with a vision to promote and understand best practices globally, the Institute of Chartered Accountants of India (ICAI); a statutory body by an Act of Parliament presents RESOLVE-2023 which is an International Convention on Insolvency Resolution on the theme “Enabling Resolution Maximizing Value” on 4th- 5th August 2023 at Grand Copthorne Waterfront Hotel, Singapore especially designed for the professional fraternity. The event, in its inaugural edition, would provide unique learning opportunity for the Professionals across the world to learn and share the best practices and developments in the space of insolvency resolution. It will also facilitate networking and indulge in deep insight and cross jurisdiction experience sharing with globally diverse practitioners through interactive discussion.
The Convention assumes enormous significance as we experience vast economic uncertainties across the globe coupled with dynamic inflation and interest rates worries. These developments compel us to confront the emerging challenges to strengthen the insolvency resolution framework across the globe by deep diving into the sectoral challenges and learning and adapting best practices prevalent in various countries. This Convention, with eminent speakers and thought leaders, aims to aid the professional fraternity to think out of the box and to gear up for the future challenges and to acquire a competitive edge.