IICA Opens Registrations for PGIP 2026, Signs MoU with IIIPI–ICAI to Strengthen India’s Insolvency Talent Pipeline

CA. Rahul Madan, Managing Director, IIIPI–ICAI, highlighted the institute’s continued association with PGIP, noting its role in ensuring a robust, transparent and credible examination and assessment ecosystem.

In a major boost to India’s insolvency and bankruptcy ecosystem, the Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, has announced the opening of registrations for the 8th Batch of its flagship Post Graduate Insolvency Programme (PGIP) starting 15 January 2026. Simultaneously, IICA signed a strategic Memorandum of Understanding (MoU) with the Indian Institute of Insolvency Professionals of ICAI (IIIPI–ICAI), reinforcing institutional collaboration in insolvency education, training and research.

The twin milestones mark a decisive step in strengthening India’s pipeline of professionally trained, ethically grounded and globally aligned insolvency professionals, at a time when the Insolvency and Bankruptcy Code (IBC) continues to evolve as a cornerstone of economic reform.

The event was attended by senior officials of IICA, faculty members, students and key ecosystem partners, including IBPS, the examination partner for PGIP, highlighting the programme’s robust assessment and governance framework.

PGIP Emerges as National Benchmark for Insolvency Education

Gyaneshwar Kumar Singh, Director General & CEO, IICA, said that PGIP has firmly established itself as a national benchmark programme for insolvency education, designed to meet the growing complexity and scale of India’s insolvency regime.

“PGIP is not just an academic programme—it is a mission to build competent, ethical and future-ready insolvency professionals. The opening of registrations for the 8th batch reflects sustained demand from aspirants and the programme’s growing national relevance,” he said.

Referring to the MoU with IIIPI–ICAI, Singh added that the collaboration reflects a shared commitment to academic excellence, institutional synergy and strengthening India’s insolvency architecture through structured capacity building.

Deepening Collaboration Between Academia and Regulator

The MoU between IICA and IIIPI–ICAI aims to foster collaboration across academic exchange, research, training programmes, curriculum development and knowledge sharing in insolvency and bankruptcy. The partnership is expected to significantly enhance exposure for PGIP students to regulatory perspectives and real-world insolvency practice.

CA. Rahul Madan, Managing Director, IIIPI–ICAI, highlighted the institute’s continued association with PGIP, noting its role in ensuring a robust, transparent and credible examination and assessment ecosystem.

He reaffirmed IIIPI–ICAI’s commitment to supporting PGIP as it expands in scale and national importance, and emphasized that as the front-line regulator for insolvency professionals, IIIPI–ICAI is uniquely positioned to offer specialised modules, including preparation for the Limited Insolvency Examination and PREP-like assessments, to PGIP students.

Building Globally Aligned Insolvency Professionals

Dr. Ashok Kumar Mishra, Chairman & Director, IIIPI–ICAI, stressed that institutional collaboration is critical to strengthening India’s insolvency ecosystem in line with global best practices.

“Developing well-trained insolvency professionals requires deep engagement between academic institutions and regulators. This collaboration will help create talent that is not only technically sound but also aligned with international standards of governance and ethics,” he said.

Call to Action: Next-Gen Insolvency Leaders Invited

With insolvency resolution playing a pivotal role in capital efficiency, credit discipline and economic stability, PGIP is increasingly seen as a launchpad for careers at the intersection of law, finance, regulation and governance.

IICA has invited aspiring professionals—particularly those seeking leadership roles in insolvency practice, stressed-asset resolution, legal advisory and regulatory institutions—to apply early for the 8th PGIP batch and become part of India’s next generation of insolvency leaders.