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Iranian Institute of Certified Accountants (IICA) is a national professional accounting body of Iran. It was established at 21 February 1973 as a non-governmental association in Iran . IICA is the largest professional accounting body in Iran in terms of membership (more than 6000 members; CAs & ICAs).
The Indian Institute of Corporate Affairs (IICA) was established by the Central Government in 2008 as an Institute under the administrative control of Ministry of Corporate Affairs, Government of India to function as a think tank, carry out action research, service delivery and capacity building support to the Central Government, corporate sector, professionals and related stakeholders.
The IICA's International Rules provide that, whenever an arbitration agreement is in English, absent the parties' agreement otherwise, the language of the arbitration will be English. In such respect, the IICA is believed to be the only national arbitral institution (in a country where English is not an official language) to provide for English ...
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Created in the year 1967 as a service to administer the Companies Act, 1956 as the Company Law Service, it was renamed as Indian Company Law Service in the year 2002. The service functioned under Ministry of Finance (Department of Company Affairs) till 2004, after which an independent ministry by the name Ministry of Corporate Affairs was created to administer the Corporate Sector in India.
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In addition to consultations, written feedback was also solicited. The Indian Institute of Corporate Affairs (IICA), [5] [6] led the entire process. It worked towards developing a consensus on various ideas and perspectives that emerged from various stakeholder groups. The Guidelines were also published on the MCA website for public comments.