UNIDROIT participates in Annual Conference Insolvency Law Academy (India)

Between 9-11 February 2024, UNIDROIT participated in the 2nd Annual Conference of the Insolvency Law Academy held on Divar Island in Goa, India.

The Insolvency Law Academy (ILA) is an independent think tank and research institution in India, with which UNIDROIT concluded a Memorandum of Understanding in 2023 (see here).

The Conference brought together judges, policymakers, regulators, academics and practitioners from India and all over the world to discuss international developments in the field of insolvency law and possible ways of further strengthening India’s insolvency regime. The Conference also hosted the 2nd meeting of ILA’s Insolvency Scholars Forum and the 1st meeting of its Emerging Scholars Group.

The UNIDROIT Secretariat was represented by Legal Officer Ms Myrte Thijssen, who made a presentation on the Bank Insolvency project and the building blocks for an effective liquidation framework for non-systemic banks, as part of a panel that also reflected on India’s insolvency framework and recent bank failures in other parts of the world. The panel was chaired by Mr N.S. Vishwanathan (former Deputy Governor of the Reserve Bank of India) and consisted of Prof Anthony Casey (Deputy Dean at the University of Chicago) and Mr Abizer Diwanji (Head of Financial Services at Ernst & Young India). The full programme of the event is available here.






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