Insolvency Professional Agency of Institute of Cost Accountants of India
(Section 8 Company registered under the Companies Act, 2013)
The Insolvency Professional Agency of the Institute of Cost Accountants of India (IPA ICAI), a Section 8 Company incorporated under Companies Act 2013 has been promoted by the Institute of Cost Accountants of India (Institute) and Registered with Insolvency and Bankruptcy Board of India (IBBI) to enroll and regulate Insolvency Professionals (IP) in accordance with the provisions of the Insolvency & Bankruptcy Code, 2016 (Code) and rules, regulations and guidelines issued there under:
IPA ICAI invites applications for the Post of Managing Director
(on Contractual Basis)
| Position | Managing Director |
| Age | Not above 55 years as on 30th June 2021.
(Relaxation for 5 years i.e upto sixty years of age in exceptional cases) |
| Qualification | Must be a Graduate along with a Fellow Member of the Institute of Cost Accountants of India / Institute of Company Secretaries of India/ Institute of Chartered Accountants of India / MBA / Law Graduate from reputed Institute /CAIIB |
| Experience | A minimum of 20 years work experience as practicing professional or in reputed corporate organization / banks /Financial Institutions / Regulatory Bodies. |
| Job Description |
|
| Duration | The tenure for the position is for 3 (three) years on contractual basis with an option with IPA ICAI for renewal up to a period of further 3 (three) years or superannuation whichever is earlier. |
| Remuneration | Consolidated Remuneration up to Rs. 150000/- per month.
(For deserving candidates, remuneration no bar) |
| Place of Posting | Delhi/NCR |
General Information:
- The post is purely on contractual basis for a period of three years. This engagement is not a regular employment in the IPA-ICAI. During the period of engagement, the person should not hold a certificate of practice or engage in any other occupation. The appointment, renewal of appointment and termination of services of the Managing Director by the Governing Board shall be subject to prior approval of IBBI.
- Mere submission of application and fulfilling the eligibility criteria does not give any right to any person to appear for interview etc.
- Original and attested copies of all documents in proof of Age, Qualifications, Experience, for the minimum period of experience as indicated for the post, etc. should be submitted by the candidates if called for Interview.
- Engagement will be subject to the Rules and Regulations of the IPA in force from time to time. Other benefits (if applicable) shall be as per the rules of the IPA as amended from time to time.
- In case it is found that information furnished by a candidate is false or defective in any manner, the candidature of such person(s) will be summarily rejected as and when it comes to the notice of the management. The candidates are advised to satisfy themselves fully about the correctness of the information furnished.
- The decision of management of the IPA in the selection process shall be final.
- The management of the IPA reserves the right to reject any application without assigning any reason whatsoever.
- Canvassing in any form shall disqualify a candidate.
- Candidates are advised to submit the online Applications on e mail – md@ipaicmai.in
- The last date for submitting online application is 28th July, 2021
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