IICA Graduate Insolvency Programme (GIP) 2022-24 admission application last date is 25.04.2022, read here all about GIP Course

Graduate Insolvency Programme (GIP)- 2022-24

Click here for How to become an Insolvency Professional?

The Graduate Insolvency Programme (GIP) is the first of its kind programme for those aspiring to take up the discipline of insolvency professional as a career or seeking to take up other roles in the value chain, in India and in foreign jurisdictions. A student who completes the GIP will be eligible for registration as insolvency professional under the Insolvency and Bankruptcy Code 2016, without having to wait to acquire the 10-year experience as required by the Code at present.

For those aspiring to become in-house counsels or serve as advisors to stakeholders in insolvency, liquidation, bankruptcy or turnaround process, the GIP will benefit at entry level and in career growth. The GIP will also be great value to those who elect to become insolvency or restructuring professionals or join academics or research in the field of insolvency.

GIP Programme Structure

Here all about Graduate Insolvency Programme (GIP).

Graduate Insolvency Programme Important Dates:

Important Events Dates
Commencement of on-line registration of application 04/02/2022
Closure of registration of application 25/04/2022
Closure for editing application details 25/04/2022
Last date for printing your application 10/05/2022
Online Fee Payment 04/02/2022 to 25/04/2022

Duration:

24 months (96 weeks). An intensive residential classroom programme of 12 months (48 weeks) and A hands-on internship programme at the cutting edge of the practice for 12 months (48 weeks).

Apply for GIP Course

Who can apply for GIP:

Qualification:

  • Chartered Accountant
  • Advocate
  • Cost Accountant
  • Company Secretary
  • B.E / B.Tech
  • Post-graduate with major subjects in Economics, Finance, Commerce, Management and Insolvency with aggregate 50% marks

Experience:

There is no requirement of any experience. 

Age:

Should not be more than 28 years as on the last day of registration.

Reservation Policy:

Reservations for those belonging to SC/ST/OBC/EWS/NCL and PWD category as per government norms are applicable.

How to apply for GIP:

  • Application can be submitted online only, please visit the link below for submitting the online application
    https://iica.nic.in/gip/.
  • Application Fee : INR 3000 (Including 2 centre option).
  •  INR 500 for selection of aditional centre (two additional
    centre can be selected)

Test Centers for GIP:

The written examination for the GIP will be conduc ted at Ahmedabad, Gandhinagar , Allahabad, Bengaluru, Chandigarh- Mohali, Chennai, Cuttack, Delhi NCR, Guwahati, Hyderabad, Jaipur, Kolkata, Mumbai- Navi Mumbai – Thane and Trivandrum.

Candidates will be given an option to select any four cities in order of their preference.

Process of Selection and Admission in GIP

Selection:

  • Eligible candidates will have to clear written examination.
  • Candidates will be selected based on their performance in the written examination. Selected candidates will be invited for Group Discussion and Personal Interview to be held under the oversight of observers who are experts in subject and members of faculty.

Batch Size:

A maximum of 52 students only will be enrolled for effective learning.

GIP Syllabus:

Section No. of Questions
Professional Ethics 20
Domain Knowledge 15
Legal Aptitude 10
Financial Apitude 10
General Knowledge and Current Affairs 15
Mathematics and Basic Statistics 10
Logical Reasoning 10
English Comprehension & Communication Skills 10
Total 100

Total Time: 90 Minutes

GIP Fees Structure

A. Tuition and other charges 

S. No. Fee Head Amount (INR)
1. Tuition Fee 9,16,000
2. Library Fee 37,500
3. Internet Fee 7,500
Total Fee (non refundable) 9,61,000

B. Residence charges**

1. Hostel Fees 1,44,000
2. Food 1,20,000
Total Fee (non refundable) 2,64,000
A+B (Rs. 9,61,000+Rs. 2,64,000) Total Course fee – Rs. 12,25,000 *

* For 2 years
* Subject to applicable taxes
** The GIP is a residential programme and students are required to stay in IICA Campus for 1st year
* Total course fee for two years is Rs. 12,25,000 (does not include taxes).
(The fees is non refundable in any circumstances)

Student loans:

Student loan will be easily available to students who qualify GIP, subject to the candidate satisfying the prescribed terms and conditions. SBI has registered and also extended opportunity to avail full Loan facilities.

IICA Gold Medal Scheme:

IICA offers Gold Medal and Certificate of Merit to students, based on their academic performance, in the following categories :

1. General Category
2. EWS , if any
3. SC/ST

 

CENTER FOR INSOLVENCY AND BANKRUPTCY

India is in the process of establishing a robust insolvency framework with the enactment of Insolvency and Bankruptcy Code 2016. The Code has made rapid strides in short time and is one of the success stories of recent Indian economic reforms. A first in India, the Centre for Insolvency and Bankruptcy has been set up as an apex point of learning in insolvency through education and training by active stakeholder engagement and participation. The GIP is delivered through the Centre and its initiatives.

The Centre serves as an apex point of learning on insolvency and related areas, in association with the key stakeholders and institutions where in the Chairs are headed by eminent experts and thinker.

The Centre is headed by Dr. Surbhi Kapur: – Dr. Kapur has experience as an Academician, Researcher and Teaching in various areas like International Trade, Competition Law, corporate law, commercial laws and Insolvency laws.

Dr. Kapur is an alumnus of the National Academy of Legal Studies and Research (NALSAR) University of Law, Hyderabad and Guru Gobind Singh Indraprastha University (GGSIPU), New Delhi, India. She qualified the UGC- NET exam in Law in the year 2013. Dr. Kapur has also been a Visiting Scholar at the Elisabeth Haub School of Law, Pace University, United States of America (USA); and associated with research at the University of Groningen (the Netherlands). She has an extensive work experience in the area of international trade and commercial laws. She was first Indian Delegate of two to represent at the INSOL Europe Academic Forum and Annual Congress, held in Copenhagen, Denmark. She is also a certified Mediator in all areas of conflict prevention and resolution. She is serving as an Editorial Reviewer with the prestigious Indian Law Institute Law Review (ILILR) and a trainer for regulatory officials at various institutions across India.

Click here for complete Prospectus 2022-24


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