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INSOL India is a registered under the Societies Registration|
Act XXI of 1860
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INSOL MEMBERSHIP OF INSOL INTERNATIONAL
INSOL

MEMBERSHIPOF INSOL INTERNATIONAL

INSOL India is a Member Association of INSOL International, a world-wide federation of national association of lawyers and accountants who speacialise in Insolvency. All Members of INSOL India are Members of INSOL International. INSOL International is a valuable medium and source of world wide professional knowledge, which is being put to use around world on various diverse projects to the benefit of the community of lawyers, businessmen and accountants.

INSOL India is a member association of INSOL International, a worldwide federation of national associations of accountants and lawyers who specialise in insolvency. The federation was formally incorporated in the year 1982 and since grown in stature and size to become a valuable source of worldwide professional knowledge, which is being put to use around the globe on number of diverse projects to benefit the business community. Currently 28 Member Associations world over with over 8000 professionals are an integral part of it as one big family. INSOL International with its ancillary associations world over work with in the following areas:
Judiciary, Regulators, Lenders and Academics.

INSOL's mission is to work in tandem with its associate organisations world over and take leadership role in international insolvency and related credit issues; facilitate the exchange of information and ideas, encourage greater international co-operation and communication amongst the insolvency profession credit community and related constituencies.

INSOL has set Goals for itself, which it strives to accomplish. They are:
  • To work with and involve member associations world over.
  • To implement research into international and comparative insolvency issues.
  • To participate in Government advisory groups and to liase with them on cross-border insolvency issues.
  • To assist in developing cross-border insolvency policies, international codes and best practiced guidelines.
  • To provide a leadership role in international educational matters relating to insolvency topics.
  • To facilitate the exchange of knowledge among the member associations through our conferences and publications.
INSOL works with many international organisations including the United Nations Commission on International Trade Law, The World Bank, International Monetary Fund and with ancillary groups on number of international insolvency related projects. Another major field of work were INSOL Lenders Group (ILG) which was formed in the year 1994 is working towards producing a global protocol for cross-border workouts and develop a code for distressed debt trading.
The benefits attached for being a member of the INSOL International are: 
  • Members of INSOL may attend both the Quadrennial Congress, held every four
    years and regional conferences at preferential rates.
  • IIR (International Insolvency Review) a unique publication containing articles on different issues relating to insolvency. This publication is available at concessional rate.
  • INSOL World, the newsletter is published by the INSOL International and consists of articles given by the members.
  • An exclusive website (www.insol.org) giving full and current information is
    available. An important innovation in this site is a password-protected section, which enables the members to interact with each other without the possibility of hacking and in complete secrecy
  • A Membership Directory is published annually. In addition to the full membership listing, the directory contains:
    • Details of Professional firms who work for insolvency professionals and banks both domestic and international.
    • Details of firms who wish to be seen as international players: specialist insolvency firms and accountants to solicitors, barristers and service-suppliers.
    • Details about INSOL and its Member Associations.
    • A brief overview of the global insolvency marketplace.
    • A geographical index of all members and their firms.
    • INSOL members are entitled upto 20% discount at all Sheraton & Westin Hotels worldwide.
  • INSOL Secretariat based in London help members in solving their Queries and also access to a world class Library for exclusive use for members.
  • Membership fee is US $ 40 via a Member Association, or else it's US $ 100 for non member per annum.