Examination Archives

Syllabus for Limited Insolvency Examination and details of Insolvency Professional Exam (w.e.f 01.07.2023)

December 20, 2023

Insolvency and Bankruptcy Board of India (IBBI) Syllabus and details of Limited Insolvency Examination for the examination to be conducted […]

Syllabus for Limited Insolvency Examination and details of Insolvency Professional Exam (w.e.f 01.07.2023) Read Post »

List of Important IBC Cases for Limited Insolvency Examination (w.e.f. 1st July 2023)

December 20, 2023

Limited Insolvency Examination List of Important IBC Cases for Limited Insolvency Examination for the examination to be conducted from 1st

List of Important IBC Cases for Limited Insolvency Examination (w.e.f. 1st July 2023) Read Post »

List of Case Laws for Limited Insolvency Examination (LIE) w.e.f 1st March 2022

May 3, 2022

Important decisions of Supreme Court and High Courts, Decisions of NCLAT and NCLT relating to Corporate Insolvency Resolution, Corporate Liquidation, Voluntary Liquidation and Fast Track Resolution Process. There will be five questions carrying one mark each.

List of Case Laws for Limited Insolvency Examination (LIE) w.e.f 1st March 2022 Read Post »

Supreme Court Cases -Limited Insolvency Examination w.e.f. 1st January, 2021

November 4, 2020

Supreme Court Cases – Limited Insolvency Examination w.e.f. 1st January, 2021 1. Innoventive Industries Ltd. v ICICI Bank and

Supreme Court Cases -Limited Insolvency Examination w.e.f. 1st January, 2021 Read Post »

High Court Cases – Limited Insolvency Examination w.e.f. 1st January, 2021

November 3, 2020

High Court Cases – Limited Insolvency Examination w.e.f. 1st January, 2021 1. Sree Metaliks Ltd. and Anr v Union

High Court Cases – Limited Insolvency Examination w.e.f. 1st January, 2021 Read Post »

NCLAT Cases – Limited Insolvency Examination w.e.f. 1st January, 2021

November 2, 2020

NCLAT Cases – Limited Insolvency Examination w.e.f. 1st January, 2021 1. Edelweiss Asset Reconstruction Co. Ltd. v Synergies Dooray

NCLAT Cases – Limited Insolvency Examination w.e.f. 1st January, 2021 Read Post »

NCLT Cases-Limited Insolvency Examination w.e.f. 1st January, 2021

November 1, 2020

NCLT Cases-Limited Insolvency Examination w.e.f. 1st January, 2021 1. In the matter of Amtek Auto Limited [CA.Nos.567/2018 & 601/2018

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Persons not eligible to be Resolution Applicant-Section 29A of IBC

January 2, 2020

Chapter-3 : CIRP Topic-8 : CIRP and Resolution Plan Persons not eligible to be Resolution Applicant [Sec. 29A of IBC]

Persons not eligible to be Resolution Applicant-Section 29A of IBC Read Post »

What is Insolvency and Bankruptcy Code, 2016 (IBC) | Short Note on Indian Insolvency

July 30, 2019

What is Insolvency and Bankruptcy Code, 2016 (IBC) | Short Note on Indian Insolvency Read Post »

Filing application by Financial Creditor before NCLT under Section 7 of the Insolvency and Bankruptcy Code 2016 (IBC)

June 25, 2019

How to file application before NCLT by Financial Creditor under section 7 of the Insolvency and Bankruptcy Code, 2016. Section 7 of IBC

Filing application by Financial Creditor before NCLT under Section 7 of the Insolvency and Bankruptcy Code 2016 (IBC) Read Post »

Chapter	Topic	Content
CH-2: General & Definitions
		Short Note on Insolvency and Bankruptcy Code, 2016 (IBC, 2016)
		Dispute and Existence of a Dispute
		Operational Debt and Operational Creditor
		Persons who may initiate Corporate Insolvency Resolution Process(CIRP)
		Analysis provisions of Limitation Act, 1963 with respect to Insolvency and Bankruptcy Code, 2016
CH-3: CIRP
	Topic-1 : CIRP Application & Withdrawal
		Analysis of Minimum amount of default under Section 4 of IBC
		Procedure of filing application by Financial Creditor before NCLT under Section 7 of the IBC
		Procedure of filing application by Operational Creditor before NCLT under Section 8 & 9 of the IBC
		Initiation of CIRP by corporate applicant under Section 10 of the IBC
		Analysis of withdrawal of CIRP proceeding pursuant to settlement under Section 12A of Insolvency and Bankruptcy Code, 2016 (IBC)
	Topic-2 : Declaration of moratorium and public announcement
		Declaration of moratorium and public announcement [Section 13, 14 & 15 of the IBC]
		All about the Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 including judicial pronouncements
	Topic-3 : Appointment and tenure of IRP & RP
		Appointment and tenure of Interim Resolution Professional and Resolution Professional [Section 16, 22 & 27 of the IBC]
		Role of an Interim Resolution Professional and Resolution Professional
	Topic-4 : Management of affairs by IRP
	Topic-5 : Receive and collate all the claims submitted by creditors
	Topic-6 : Committee of creditors and meetings
		Constitution of Committee of Creditors under Section 21 of IBC
		Role of Committee of Creditors & It’s Commercial Wisdom
		Analysis of provisions on Authorised Representative under IBC
		Meetings & Voting of the Committee of Creditors under Section 24 of the IBC
	Topic-7 : RP to conduct the CIRP and manage the operations
		Resolution Professional to conduct the CIRP and manage the operations of the Corporate Debtor
		Insolvency Resolution Process Costs & Essential supplies
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-8 : CIRP and Resolution Plan
		Information Memorandum, Expression of Interest, Request for Resolution Plans & Resolution Plans
		Role of the prospective resolution applicant
		Persons not eligible to be Resolution Applicant [Sec. 29A of IBC]
		Submission and approval of the Resolution Plan
		Liability for prior offences under Section 32A of the IBC
CH-4 : Liquidation Process
	Topic-1 : Initiation of Liquidation
	Topic-2 : Appointment & Remuneration of Liquidator
		Appointment & Remuneration of Liquidator under Sec. 34 of IBC
		Powers and duties of Liquidator under Sec. 35, 37 of IBC
	Topic-3: Liquidation Estate
	Topic-4: Public announcement, Preliminary report, Early dissolution and Progress reports under Liquidation
	Topic-5: Claims under Liquidation
	Topic-6: Preferential, undervalued and Extortionate Credit Transactions
		Preferential, Undervalued and Extortionate Credit Transactions under Sec. 43, 44, 45, 46, 47, 48, 49, 50, 51 of IBC
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-7: Secured Creditor in Liquidation Proceedings
	Topic-8: Realisation of Assets in Liquidation Proceedings
	Topic-9: Proceeds of Liquidation and Distribution of Proceeds
CH-5 : Personal Guarantor
		Chapter VIII Indemnity and Guarantee of Indian Contract Act, 1872
		All about Personal Guarantor under IBC Part-I
		All about Personal Guarantor under IBC Part-II
		Insolvency Resolution Process Regulation
		Bankruptcy Process for PG Regulation
		IRP Application to AA Rules
		Bankruptcy Process Application to AA Rules