To examine Insolvency and Bankruptcy Laws, Rules, Regulations, Guidelines, Notifications, Schemes, Schedules issued thereunder, vis-à-vis best global practices and make appropriate representation/suggestions, to the concerned Ministries of Government/Insolvency and Bankruptcy Board of India and to participate as well as to facilitate the Law making process.
To examine various issues/queries relating to Insolvency and Bankruptcy Laws either suo-moto or as referred by the Ministry of Corporate Affairs or the Insolvency and Bankruptcy Board of India or other Government Departments/Authorities and interact with them.
To bring out the publications/Technical Guides/Guidance Notes/books/e-learning modules/Newsletter/Resource material/Updates related to the Insolvency and Bankruptcy Laws.
To conduct Research about the difficulties/ problems being faced by the Corporate Sector/ Non-corporate Sector/Financial or Operational creditors in view of the rapid changes taking place in the Insolvency and Bankruptcy Laws world over.
To conduct training programmes for the officers of the Government Departments and Corporate Sector on the areas of the Insolvency and Bankruptcy Laws.
To organize Regional, National Conference/ Workshop/ Seminar/ Training programme/ Round Tables/ Events/ Webcasts/ Certificate Courses and other Specialized Courses in the areas of Insolvency and Bankruptcy Laws either by the Committee itself or in association with other Committee and/or Ministries/other bodies /organizations and Corporate sector.
To consider various issues relating to Insolvency and Bankruptcy Laws and making recommendations to Council as well as to offer comments and views on various Codes and Draft Legislations / Regulations.
To undertake Capacity building of Insolvency Professionals.
To engage with Indian Institute of Insolvency Professionals of ICAI (IIIPI) for any joint activity/ initiative.