Mastering Insolvency Law: IBC

🧾 Full Product Description

Navigate the complete lifecycle of insolvency in India — from initiation to resolution, litigation strategy to international frameworks. This course is crafted for lawyers, accountants, IP aspirants, and compliance professionals aiming to build domain authority in the Insolvency & Bankruptcy Code (IBC).

🧠 What You’ll Learn:

• Step-by-step understanding of the Corporate Insolvency Resolution Process (CIRP)
• Legal drafting of petitions, affidavits, resolution plans & hearing briefs
• Strategy for NCLT litigation and managing procedural timelines
• Understanding roles of RP, CoC, Liquidator in resolution and liquidation
• Global insolvency trends: UNCITRAL Model Law & cross-border systems

📚 Course Curriculum

🏛️ Module 1: Understanding the IBC Landscape

• 1.1 Introduction to IBC 2016: Evolution and Purpose
• 1.2 Legislative Framework: NCLT, IBBI, and Regulatory Architecture
• 1.3 Insolvency vs. Bankruptcy: Key Differences
• 1.4 Overview of CIRP, Liquidation, and Cross-Border Provisions
• 1.5 Key IBC Reforms, Amendments & Ordinances

🧾 Module 2: Initiation of Insolvency

• 2.1 Who Can File: Operational vs. Financial Creditors
• 2.2 Notice Requirements and Default Threshold
• 2.3 Drafting Form 1, 2, 5 – Structure, Attachments, Affidavits
• 2.4 Pre-admission Checklist and Case Review
• 2.5 Draft Exercise: Prepare a Form 1 with Enclosures

⚖️ Module 3: CIRP – Corporate Insolvency Resolution Process

• 3.1 CIRP Timelines and Step-by-Step Process
• 3.2 Appointment and Role of IRP/RP
• 3.3 Claims Verification and Valuation
• 3.4 Committee of Creditors (CoC): Powers and Voting Rules
• 3.5 Case Study: CIRP Timeline for an SME Company

📑 Module 4: Resolution Plans – Design and Submission

• 4.1 Key Components of a Resolution Plan
• 4.2 Eligibility Restrictions: Section 29A
• 4.3 Evaluating Plans: Scorecard, Viability, Compliance
• 4.4 Legal Precedents on Resolution Approvals
• 4.5 Draft Task: Sample Plan for a Distressed Retail Chain

🔄 Module 5: Liquidation & Dissolution

• 5.1 Liquidation Trigger Events & Process
• 5.2 Role of Liquidator: Asset Monetization, Claim Handling
• 5.3 Distribution Priority (Waterfall Mechanism)
• 5.4 Case Laws: Preferential, Undervalued & Fraudulent Transactions
• 5.5 Draft Task: Liquidator Public Notice

🌍 Module 6: Cross-Border Insolvency

• 6.1 UNCITRAL Model Law on Cross-Border Insolvency
• 6.2 Recognition of Foreign Proceedings
• 6.3 Drafting an Application under Section 234/235
• 6.4 India’s Position vs. Other Jurisdictions
• 6.5 Cross-border Insolvency Case Examples

🧠 Module 7: Insolvency Litigation & Strategy

• 7.1 Practical Aspects of NCLT Hearings
• 7.2 Case Preparation and Legal Strategy for RP/CoC
• 7.3 Pitfalls in Admission Stage and Drafting Risks
• 7.4 Class Action & Mass Creditor Cases
• 7.5 Sample Hearing Brief and Argument Template

🧾 Module 8: Capstone & Assessment

• 8.1 Capstone: Draft a full insolvency petition with exhibits
• 8.2 Peer Grading and Optional Mentor Feedback
• 8.3 Final Quiz (20 Questions, MCQ Format)
• 8.4 Feedback Form and Certificate Generation
• 8.5 Post-Course Access to Tools & Templates