IICA is set up as an autonomous institute which works under the aegis of the Ministry of
Corporate Affairs to deliver opportunities for research, education, and advocacy. There was a
need to develop systems for regulation, enforcement and service delivery. Thus, to build the
capacities of people working in the system and to forecast trends and markets in the ever
changing business environment through constant interaction with the factors involved. Set up as
the premier organisation with an aim of providing astute and credible intellectual leadership in
corporate regulation, governance and running sustainable businesses, IICA is a think-tank,
capacity building and service delivery institute. Its work enables corporate growth, reforms and
regulation through synergised knowledge management, and global partnerships thus offering
real-time solutions. The institute has in-house professors catering to various capacity
development needs of the fast changing environment of the corporate world. It also invites guest
faculties to address specific needs of a training module if required from reputed organisations,
legal firms, MCA, etc. The key activities carried out by IICA include induction and in-service
training to Indian Corporate Law Service (ICLS) officers, capacity-building and training
programs, policy advisory functions, public outreach and stakeholder consultations through
seminars, conferences and forums. IICA also supports Ministry of Corporate Affairs (MCA)
initiatives on all matters relating to Corporate Affairs. Anticipation of corporate needs for
effective functioning, reviewing corporate laws for effective amendments to cater to evolving
business environments, exploring new paradigms such as investor education, and periodic reviews
and updating of definitions, components and activities related to corporate governance are other
prominent initiatives of the institute.
