IICA Organises Training On Companies Act Competition Law And IBC

The programme was designed to sensitise officer trainees to statutory and policy dimensions including corporate law fundamentals, competition regulation, corporate finance and insolvency law while aligning the curriculum with professional responsibilities. It aimed to provide practical exposure to governance of corporate affairs and to enhance regulatory and policy perspectives through case studies and technical sessions.

Participants were exposed to detailed instruction on management of company affairs; powers, functions and investigation procedures of the Competition Commission of India (CCI); economics of law-making; and the Insolvency and Bankruptcy Board of India (IBBI) framework, including the Corporate Insolvency Resolution Process (CIRP). Sessions also covered regulatory governance, anti-competitive agreements, abuse of dominance, corporate finance, debt and default, data-based decision-making, drafting and legislative intent, and the adjudicatory roles of the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT).

The training roster included former and serving regulators, academics and practitioners who addressed institutional design and practical challenges in enforcement and adjudication. The programme was inaugurated by Gyaneshwar Kumar Singh, Director General and Chief Executive Officer of IICA, who noted that the Ministry of Corporate Affairs oversees a broad regulatory architecture including IBBI, CCI, the National Financial Reporting Authority (NFRA), the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI) and related bodies, and who encouraged exploration of specialised project topics. The inaugural and technical sessions drew on experience from former chairs and members of key bodies and senior counsel, and the programme concluded with a vote of thanks from the organiser.