Speedy summary:
– 40% in-person credits required in 2026.
– Rising to 50% in-person credits by 2027.
– at least 60% from the year 2028 onward.
Indian Opinion Analysis:
This move by the IBBI signifies a shift toward ensuring professional competence through structured learning formats while prioritizing hands-on growth through in-person programs over virtual methods starting in a phased manner from 2026 to optimize engagement levels among insolvency professionals (IPs). Such steps could enhance compliance standards across insolvency processes and ensure that IPs remain updated with best practices essential for managing complex bankruptcy cases effectively.
However, mandating prior approval for third-party programs may introduce procedural hurdles that could delay enrolment processes unless streamlined carefully as directed.
The increasing emphasis on continuous professional education reflects India’s commitment toward strengthening institutional frameworks related centrally tied w/insolv rec!