15.4 lakh new workers enrolled under ESI Scheme in February month (See 'Corp Brief') SUFALAM 2025 kicks off, igniting Innovation in Food Processing (See 'Corp Brief') TRAI organises meeting with Joint Committee of Regulators (See 'Corp Brief') WAVES Bazaar unveils 'Top Selects' Lineup Showcasing 15 Projects in 9 Languages (See 'Corp Brief') SEBI's Current Focus - SECRETARIAL AUDIT (See CORP EINSICHT) 3-Day 'India Steel 2025' Kicks Off with Industry-Driven Innovation (See 'Corp Brief') Bhutani inaugurates packaging facility of NCOL in Noida (See 'Corp Brief') Luxury items such as handbags, footwear and wrist watches, priced above Rs. 10 Lakhs, will now attract 10% TCS A&C - High monetary stakes involved in proceedings should not result in unnecessary long oral submissions or concurrent submissions: SC (See 'Legal Desk') Underground Coal Mining gets Boost with New Incentives (See 'Corp Brief') LG Electronics has paused work on IPO of its Indian Unit, partly because of volatility in markets A&C - Notice invoking arbitration u/s 21 of Arbitration and Conciliation Act is mandatory and it is prerequisite to filing an application u/s 11: SC (See 'Legal Desk') CAG entered into agreement with IIM Kozhikode to enhance quality and impact of performance audits through improvements in stakeholder engagement National Commission for STs takes suo motu cognizance of Odisha incident (See 'Corp Brief') Alcoholic Beverage Maker’s body CIABC urged government to introduce uniform taxation and allow promotion of heritage spirits SARFAESI - Appeals filed against procedural orders of Debts Recovery Tribunal do not require pre-deposit as per Sec 18 of SARFAESI Act: SC (See 'Legal Desk') Minimum import price condition for certain synthetic knitted fabrics is not applicable for advance authorisation holders, EOUs and units in SEZ A&C - Once all liabilities & rights are transferred through merger approved by competent forum, arbitration clause contained in loan agreement executed between parties prior to merger can be invoked by third party: HC (See 'Legal Desk') ICAI is examining financial statements and statutory auditor’s reports of Gensol Engineering and its affiliate Blusmart Mobility for FY 24 Ayush and IISc collaborate to institutionalise integrative healthcare (See 'Corp Brief') ED has attached fresh assets worth more than Rs. 1500 crore as part of their money laundering investigation against Sahara Group A&C - Delivery of copy of Award to Power of Attorney holder, who has also represented party in arbitral proceedings, shall be due compliance with Section 31(5) of Arbitartion Act: HC (See 'Legal Desk') BANKBAZAR.COM, a Fintech platform focused on co-branded credit cards and credit score services, has entered into secured lending space with digital-first gold loan product IBC - CIRP cannot be stalled simply on ground of temporary cash flow problems : NCLT (See 'Legal Desk')

Print

IICA launches Samarthya: National Competition on Corporate Rescue Strategies 2025

Published: Mar 24, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 24, 2025: THE Indian Institute of Corporate Affairs (IICA) inaugurated Samarthya: National Competition on Corporate Rescue Strategies 2025 on March 22,2025 at its campus in Manesar, Haryana. Taking place on March 22nd and 23rd, 2025, the programme offers a dynamic platform for students to devise innovative turnaround strategies for businesses facing financial distress.

The event emphasizes practical learning and strategic thinking in corporate rescue, providing participants with hands-on experience in navigating real-world financial distress scenarios. Participants will analyse financial statements, develop corporate rescue strategies, and present their solutions to a panel of esteemed judges. Additionally, they will engage with insolvency professionals, legal practitioners, and business leaders through panel discussions and networking opportunities. The competition offers valuable industry exposure, expert feedback, and the opportunity to gain recognition for their innovative solutions.

The inauguration ceremony commenced with the traditional Lighting of the Lamp, performed by distinguished judges of the event and dignitaries on the dais, symbolizing the formal commencement of the competition by an introduction by the Student Convenors for the event, Ayushi Agarwal, Eepsa Bansal, and Harshitha Ulphas.  Following this, Dr. Pyla Narayana Rao, Course Director and Head of the School of Corporate Law, delivered the Inaugural Address, emphasizing the significance of corporate rescue strategies in ensuring business sustainability and financial resilience.

Pavithra Ravi, Professor at Gujarat National Law University, delivered the Opening Remarks, offering insights into the competition's objectives. A video message from Mr. Kapileshwar Bhalla, LL.M Faculty, encouraged participants to apply their financial knowledge, critical thinking, and problem-solving skills. He extended his best wishes to all participants and applauded the organizers for their efforts in making the event a success.

The ceremony concluded with a Vote of Thanks by Mr. Pramod Jangra, Course Coordinator of LL.M (IBL) at IICA, who expressed gratitude to all speakers, participants, and organizers for their contributions.

The competition will challenge students with practical case studies simulating real-world financial distress scenarios. Participants will be evaluated based on the feasibility, innovation, and strategic insight demonstrated in their proposed solutions. Through this platform, IICA aims to nurture the next generation of corporate leaders equipped to address complex financial challenges.

Dr. Ajay Bhushan Pandey, DG & CEO of IICA, extended his best wishes for the success of the event.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.