🧠 What You’ll Learn
- Understand the full lifecycle of corporate insolvency from initiation to resolution.
- Learn drafting and filing of insolvency petitions with the NCLT.
- Explore the rights and obligations of operational and financial creditors.
- Master liquidation triggers, claim hierarchy, and distribution mechanisms.
- Apply IBBI regulations, engage with case law, and navigate ongoing litigation trends.
📚 Course Modules
🏛️ Module 1: Introduction to IBC & Legal Framework
- Evolution of IBC: Background & Context
- Overview of IBC 2016: Structure, Objective & Institutions
- Key Stakeholders: NCLT, IBBI, CoC, Insolvency Professionals
- Types of Insolvency: Corporate, Personal, Partnership
- Regulatory Bodies: MCA, RBI, SEBI Intersections
🧾 Module 2: Initiation of Insolvency Proceedings
- Who Can Initiate: Creditors & Corporate Debtor
- CIRP Timelines and Pre-Packaged Insolvency
- Demand Notices: Form 3 & 4 Requirements
- Application Process: Form 1 & 5, Fee Structure
- Landmark Case Laws on Admission
⚖️ Module 3: NCLT Process and Legal Drafting
- NCLT Adjudication: Submissions, Hearings, Orders
- Drafting of Insolvency Petitions and Affidavits
- Review of Legal Formats: Form 1, 2, 3, 5
- Sample Applications & Notices
- Common Drafting Errors & How to Avoid Them
📑 Module 4: Committee of Creditors (CoC) & Resolution
- Constitution of CoC and Voting Rights
- Roles and Responsibilities of RP
- Resolution Plan Drafting and Evaluation
- Legal Framework: Section 29A, Section 12A
- Model Plan: Clauses, Challenges, Waterfall Mechanism
🔄 Module 5: Liquidation & Post-CIRP
- Liquidation Triggers and Timeline
- Process Overview: From Announcement to Dissolution
- Role of Liquidator: Valuation, Distribution, Sale
- Challenges in Real Cases & Litigation Insights
- Cross-Border Insolvency & UNCITRAL Guidelines
🧠 Module 6: Capstone & Drafting Workshop
- Capstone: Draft a Complete Insolvency Application
- Sample Memo: Financial Creditor under Section 7
- Template Resolution Plan Submission
- Peer Review & Optional Mentor Feedback (Add-on)
- Final Assessment Quiz + Certificate Issuance
🎓 Certification
On successful completion, participants receive a verifiable Certificate in Insolvency & Bankruptcy Code, endorsed by seasoned legal practitioners and industry professionals.