The Indian Institute of Insolvency professionals of ICAI

What The Indian Institute of Insolvency professionals of ICAI does

IIIPI is a Section 8 non-profit company established in 2016 by the Institute of Chartered Accountants of India (ICAI), operating under a regulatory mandate from the Insolvency and Bankruptcy Board of India (IBBI) under the Insolvency and Bankruptcy Code 2016. It functions as the largest Insolvency Professional Agency (IPA) in India, enrolling and regulating Insolvency Professionals through a qualifying examination (the Limited Insolvency Examination), mandatory annual membership, and continuing professional education. Its primary members are Chartered Accountants and Insolvency Professionals engaged in corporate insolvency resolution, liquidation, and bankruptcy trustee work; secondary ecosystem participants include corporate debtors and financial creditors involved in insolvency proceedings.

The institute runs a platform-plus-portals architecture comprising the Master Data Utility, IP Disclosure System, Public Announcements System, CPE Portal, Peer Review Portal, Grievance Redressal Portal, Disciplinary Portal, Discussion Forum, Mentorship Portal, and MSME Helpline, collectively managing the end-to-end lifecycle of an Insolvency Professional from enrollment through ongoing compliance and discipline. Additional offerings include an E-Learning Portal, Executive Development Programs (29th batch by July 2026), the e-Journal of IIIPI, IBC Case Law Capsules, and a Research Project Scheme, supported by publications, webinars, and conferences conducted in association with IBBI and other partners.

IIIPI's revenue model is fee-based and recurring, anchored by annual membership fees (revised for FY 2024-25 and FY 2026-27), the Authorisation for Assignment (AFA) fee introduced from FY 2024-25, and pass-through collection of IBBI regulatory fees through an integrated online payment system. Pricing is not publicly disclosed at line-item level and is communicated to members via circulars. The institute operates as a wholly-owned ICAI subsidiary with headquarters in Noida, and geographically concentrates member engagement across India through a mix of digital portals, virtual programs, and city-based workshops and conferences.

Name

The Indian Institute of Insolvency professionals of ICAI

Legal name

Indian Institute of Insolvency Professionals of ICAI (IIIPI)

Website

https://iiipicai.in

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

The Indian Institute of Insolvency Professionals of ICAI (IIIPI) is the largest Insolvency Professional Agency in India, a Section 8 nonprofit established by ICAI under IBC 2016 to enroll, examine, and regulate Chartered Accountants serving as Insolvency Professionals. It runs an integrated suite of compliance, disclosure, and continuous-education portals and charges recurring membership and AFA fees.

Ownership category

akta.pro rank

Product category

Professional Certification and Regulatory Services

SIC

Services-Legal Services (8111)

akta.pro primary industry

Bankruptcy, Restructuring & Insolvency Law (BPAHAAAH)

akta.pro secondary industries

Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL), Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK)

Keywords

• Insolvency professional agency
• Professional certification services
• Regulatory compliance management
• Continuing professional education
• Insolvency examination programs

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Fees: Annual membership fees charged to Insolvency Professionals for enrollment and continued membership. Fees are revised periodically (e.g., FY 2024-25, FY 2026-27).
2. Authorisation for Assignment (AFA) Fee: Fees for AFA renewal applications for Insolvency Professionals. Introduced from FY 2024-25.
3. Regulatory Fees Collection: Collection of regulatory fees on behalf of IBBI through online functionality introduced for payment of regulatory fees to the IBBI.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

IIIPI enrolls, trains, regulates, and monitors Insolvency Professionals under the Insolvency and Bankruptcy Code 2016. It administers the Limited Insolvency Examination (LIE) for prospective Insolvency Professionals, delivers e-learning and Executive Development Programs, manages member compliance through digital portals for disclosures, peer review, grievances, and disciplinary matters, and publishes journals, research, and IBC case law capsules.

Product overview

The Indian Institute of Insolvency Professionals of ICAI (IIIPI) is a Section 8 company and the largest Insolvency Professional Agency in India, established under the Insolvency and Bankruptcy Code 2016 to enroll, regulate, and monitor Insolvency Professionals. The organization operates a platform-plus-portals architecture comprising examination and certification services (Limited Insolvency Examination), e-learning and professional development (E-Learning Portal, Executive Development Programs), member compliance management (Master Data Utility, IP Disclosure System, Public Announcements System), quality assurance (Peer Review Portal), and member support services (Discussion Forum, MSME Helpline, Mentorship Portal, CPE Portal). Additional offerings include regulatory oversight portals (Grievance Redressal Portal, Disciplinary Portal) and publications (e-Journal, Research Project Scheme, IBC Case Law Capsules). The ecosystem collectively enables end-to-end management of insolvency professionals from enrollment through ongoing compliance and professional development.

Differentiator

Problem solved

Functional benefit

Products and services

• Limited Insolvency Examination (LIE) A qualifying examination administered by IIIPI to assess competency in insolvency and bankruptcy matters for individuals seeking to become Insolvency Professionals under IBC 2016.
• E-Learning Portal Online learning platform providing preparatory programs for the Limited Insolvency Examination and continuing professional education for enrolled Insolvency Professionals.
• Executive Development Program Intensive training programs for Insolvency Professionals on corporate insolvency resolution, avoidance proceedings, and valuation under the IBC.
• Post Graduate Insolvency Programme (PGIP) Post Graduate Insolvency Programme offered at IICA, Manesar, in collaboration with Indian Institute of Corporate Affairs, with IIIPI facilitating admission for its members.
• Master Data Utility Portal Online portal for Insolvency Professionals to submit assignment details, disclosures, and maintain compliance records with IIIPI.
• IP Disclosure System Online system for Insolvency Professionals to submit mandatory disclosures regarding appointments, relationships, fees, and costs for insolvency cases.
• CPE Portal Continuing Professional Education portal for Insolvency Professionals to record and track their CPE hours and training activities.
• Peer Review Portal Portal for conducting peer reviews of Insolvency Professionals' work and maintaining records of reviewed IPs.
• Grievance Redressal Portal Online portal for lodging and tracking complaints against Insolvency Professionals.
• Disciplinary Portal Portal for handling disciplinary proceedings against Insolvency Professionals for code of conduct violations.
• Discussion Forum Online community forum for Insolvency Professionals to discuss industry matters, share knowledge, and seek guidance.
• Mentorship Portal Portal connecting senior Insolvency Professionals with newcomers for guidance and knowledge transfer in the insolvency profession.
• MSME Helpline Dedicated helpline portal for Micro, Small and Medium Enterprises regarding insolvency-related queries.
• Public Announcements System System for publishing public announcements related to Corporate Insolvency Resolution Processes as mandated under the IBC.
• e-Journal of IIIPI Electronic journal publishing research articles, case studies, and analyses on insolvency and bankruptcy topics.
• IIIPI Research Project Scheme Scheme promoting research in insolvency and bankruptcy by awarding grants for academic research projects.
• IBC Case Law Capsules Compendium of relevant case law summaries related to the Insolvency and Bankruptcy Code.

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• British High CommissionminorStrategic or Co-development Partner · 3 December 2021IBBI and IIIPI organized a webinar on Individual Insolvency in association with the British High Commission on 03rd December 2021.
• Turnaround Management Association (TMA) IndiaminorStrategic or Co-development Partner · 9 October 2021IIIPI organized One Day Physical Summit on Revival and Resilience: India Turnaround Summit 2026 in association with TMA India.
• IBC ConclaveminorStrategic or Co-development Partner · 9 October 2021Committee of Insolvency and Bankruptcy Code of ICAI & IIIPI jointly organized IBC Conclave (Hybrid) - IBC Redefining India on 09th October 2021 in Kolkata with IBC Conclave.
• Insolvency and Bankruptcy Board of India (IBBI)coreStrategic or Co-development PartnerIBBI is the regulatory body overseeing Insolvency Professionals. IIIPI operates under IBBI regulations and conducts programs, workshops, and conferences jointly with IBBI. Joint events include International Conference on 26th March 2022, Residential Workshops on IBC, and foundation day conferences.
• INSOL International UKminorGTM or Marketing PartnerINSOL International UK offers concessional membership to IIIPI members. IIIPI members can avail membership benefits at concessional rates.
• Indian Institute of Corporate Affairs (IICA)coreStrategic or Co-development PartnerIIIPI collaborates with IICA for the Post Graduate Insolvency Programme (PGIP Course) at IICA, Manesar. IIIPI facilitates admission to this program for its members.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Others

• Insolvency and Bankruptcy Board of India (IBBI): IBBI is the statutory regulator of insolvency professionals, IPAs, and information utilities under IBC 2016. While not a competitor, IBBI oversees IIIPI's registration framework, examination standards, and disciplinary mechanisms, making it the most materially related ecosystem entity.
• INSOL International: INSOL International is the global federation for insolvency professionals and an existing partner offering concessional membership to IIIPI members. It is a comparable membership organization for the cross-border insolvency profession and a key ecosystem participant.

Broad incumbents

• Indian Institute of Corporate Affairs (IICA): IICA is a think-tank and capacity-building institution under the Ministry of Corporate Affairs that co-runs the Post Graduate Insolvency Programme with IIIPI. It overlaps in training, research, and capacity-building for the IBC ecosystem and serves as a complementary regulatory-adjacent body.
• Institute of Company Secretaries of India (ICSI): ICSI is the national statutory body for Company Secretaries and parent of the ICSI IIP insolvency professional agency. It shares the same regulatory-membership-and-CPE model as ICAI and offers a comparable scale benchmark for professional body operations.
• Institute of Chartered Accountants of India (ICAI): ICAI is the parent statutory body of IIIPI and a national professional membership organization for Chartered Accountants. As a much larger chartered accountancy regulator with similar committee, examination, and CPE infrastructure, it provides a benchmark for scale and governance model.
• Bar Council of India (BCI): BCI is the statutory regulator for the legal profession in India with a similar enrollment, disciplinary, and CPE-style mandate. While it serves advocates rather than insolvency professionals, it provides a strong peer model for professional body governance and digital services.

Regional players

• Turnaround Management Association (TMA) India: TMA India is the regional chapter of the Turnaround Management Association focused on corporate restructuring and turnaround professionals. It co-organizes summits with IIIPI and serves an overlapping but distinct niche of insolvency and restructuring professionals.

Direct peers

• ICSI Institute of Insolvency Professionals (IIP): ICSI IIP is the other major Insolvency Professional Agency registered with IBBI to enroll and regulate Insolvency Professionals under IBC 2016. It directly competes with IIIPI for the same pool of professional members and regulatory mandate, making it the closest comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/iiipi2016
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/indian-institute-of-insolvency-professionals-of-icai

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Indian Institute of Insolvency professionals of ICAI