MUMBAI: Indias Rs 7-lakh crore debt recovery isnt an exclusive opportunity for IIT-IIM alumni or top CAs to burnish their CVs: Thousands of ordinary graduates, with experience in the financial domain, may be part of the unprecedented exercise that requires a huge number of support staff to assist the decision-makers.
The government is planning to design a certified training programme for such people. In association with the Insolvency and Bankruptcy Board of India, professional institutes, and top accountants and company secretaries, the government expects to kick-start the process, for which course modules may soon be designed.
The Code empowers them (insolvency professionals) in several ways to discharge their responsibilities effe…
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