IP Net is structured with a National Leadership, consisting of the President, General Secretary, and the National Executive Committee of 10 members. Complementing this is the Regional Leadership, now expanded to five zones—North, East, West, South, and the newly created Central Zone—each headed by a Regional Director and supported by a Regional Committee of four members. This dual-tier structure ensures both strategic oversight at the national level and localized engagement across the country, enabling IP Net to effectively support Insolvency Professionals nationwide.
Why This Structure Was Chosen
The structure of IP Net was meticulously designed to balance the need for strong, centralized leadership with the importance of regional representation and responsiveness. By establishing a National Leadership, IP Net ensures a unified vision and strategy that aligns with the broader goals of the insolvency profession in India. The inclusion of a National Executive Committee brings diverse perspectives and expertise, allowing for well-rounded decision-making and governance.
On the other hand, the Regional Leadership ensures that the unique needs and challenges of Insolvency Professionals in different parts of the country are effectively addressed. India’s vast geographical and economic diversity means that issues faced by IPs can vary significantly from one region to another. By empowering Regional Directors and Committees to lead initiatives and engage with members locally, IP Net fosters a more inclusive and responsive network. This structure also encourages greater participation from IPs at all levels, ensuring that the voices of professionals from every corner of the country are heard and considered in the network’s activities and decisions.
Ultimately, this dual-tiered structure was chosen to create a dynamic, agile, and comprehensive network that can effectively support and advance the insolvency profession across India, ensuring that both national and regional priorities are met.