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If Thinking about an Exit Plan, Reconsider Your Choice of Insolvency Professional

The month of April can be marked for two very important developments. The first development came into the fray in the form of an announcement made by SEBI when it issued the guidelines for pending cases of insolvency and told the regulators to appoint competentu00a0Insolvency professionalu00a0(Insolvency professionals to administer refunds to investors, 2019). The newly appointed one will handle the cases of Sahara and PACL<br>

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If Thinking about an Exit Plan, Reconsider Your Choice of Insolvency Professional

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  1. If Thinking about an Exit Plan, Reconsider Your Choice of Insolvency Professional The month of April can be marked for two very important developments. The first development came into the fray in the form of an announcement made by SEBI when it issued the guidelines for pending cases of insolvency and told the regulators to appoint competent Insolvency professional (Insolvency professionals to administer refunds to investors, 2019). The newly appointed one will handle the cases of Sahara and PACL

  2. An Academic Approach to Handle the Crisis of Bad Loans • The second news is connected with the announcement made by IICA; they recently launched a separate course for insolvency professionals. The duration of this course will be two years. It is believed that this institution will attract the best talent from the market because they are in great demand. Regulatory authorities are promoting them to intervene in long pending cases and apart from it many companies want to hire them with an intention to draw an exit policy prior to preparing the main policy documents (IICA launches graduate programme for insolvency professionals, 2019).

  3. Any charted accountant with a field experience of ten years is eligible to join this course. The structure of this course offers one year of classroom exposure and one year of internship in any of the premium organization. This systematic course will certainly help many professionals in grooming their skills for the market which is looking for trained individuals to handle the crisis faced by the companies that are sharing the burden of bad loans.

  4. Consider It as Filler in the Market Where Trained Hands Are in Short Supply • This institute holds a lot of promise for the future when a trained workforce will join the industry and solve the insolvency-related problems of the big organizations. Under the current market conditions, players like RESURGENT INDIA are filling this gap which is prevailing in the market. They can offer you both types of services, be it the formation of an exit policy or handling the aftermath of a bad loan. • Original Source: https://bit.ly/2VE1qkq

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