Certificate in Corporate Insolvency Resolution and Liquidation (Recommended for Limited Insolvency Exam)

Three months' Certificate programme by LawSikho Scroll Down to Learn More

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About the Course

Total Fees: INR 7,999 3,999

Get immediate access on Web, Android and iOS on enrolment

Duration: 3 months

What is the biggest challenge in cracking the Limited Insolvency Exam?

  • The Insolvency Code is a new body of legal provisions, so understanding how it works, specifically, the provisions pertaining to corporate insolvency resolution and liquidation requires preparation and practice.
  • The exam is not an open-book exam, so memory plays an important role. You will need to learn relevant legal references under the Code, the Rules and Regulations.
The training in this course is built keeping in mind what will be useful when you write the exam and what you will need when you start your practice as an insolvency professional. What does one need to prepare under the Code? What are the pitfalls people can face while going through the Code and the regulations?  
  • Plenty of provisions of the Code are abstract and can be difficult to memorize, and even understand.
  • The Code is fairly technical in many aspects. A person intending to navigate the Code should also have basic working knowledge of finance, economy, and business.
  Anything unique about how this course is designed?
  • The course is presented through video lessons.
  • The audio visual format of the course makes it easier to understand and memorize the important provisions under the Code.
  • Legal references wherever necessary are provided in the video itself.   
Amazing features of this course The course is created by Mr. Pranav Khatavkar who has authored India’s first commentary on the Insolvency and Bankruptcy Code, 2016 titled Commentary on the Insolvency and Bankruptcy Code, 2016 (Decoding the law of Insolvency and Bankruptcy). Mr. Khatavkar has also authored the following books on the Insolvency and Bankruptcy Code, 2016:-
  • Guide to Insolvency Professional Examination
  • Handbook on Information Utilities (As Established under the Insolvency and Bankruptcy Code, 2016)
  • Corporate Insolvency Manual  
- The course is accessible through Android app, or computer + mobile browser - anytime/anywhere - Study on the go, watch videos when you are idle on your mobile, don't stop the learning. You can get offline access to the course material through the app as well so that you can study when you are traveling. - Take practice tests on your mobile - 24/7 anytime The practice tests are extremely valuable if you are going to take the exam. What portion of the syllabus for the Limited Insolvency Exam is covered?   Only the portion pertaining to corporate insolvency resolution and liquidation.   What would you get in the course? For the first time you are getting access to a course on Limited Insolvency Examination, where you can get access to the following in a single course:
  • Over 110 videos with transcripts of video lessons
  • Guidance materials on exam strategy
  • Practice question banks  
  • Online discussions and doubt clearing inside the private learning platform.
  • A 15 minutes strategy call with one of the faculties to guide you personally.

Course Contents

  • Concept of IP
  • Eligibility criteria for registration as an IP
  • Procedure for registration as an IP
  • Functions of an IP
  • Concept of IPE
  • Procedure for being recognized as an IPE
  • Features of an IPE
  • Liability of an IPE
  • Concept of IPA
  • Functions of IPA
  • Eligibility criteria for registration as an IPA
  • Procedure for registration as an IPA
  • Liability of an IPA
  • Bye Laws of an IPA
  • Governing board of an IPA
  • Concept of financial creditor, financial debt etc.
  • Concept of operational creditor, operational debt etc.
  • National Company Law Tribunal and National Company Law Appellate Tribunal as Adjudicating Authorities under the IBC
  • Initiation of the corporate insolvency resolution process by the financial creditor and the operational creditor
  • Admission/rejection of an application for initiation of the corporate insolvency resolution process
  • Moratorium under the corporate insolvency resolution process
  • Public announcement of the corporate insolvency resolution process
  • Interim resolution professional and resolution professional
  • Committee of creditors
  • Submission of claims by financial creditors/operational creditors/employees and workmen
  • Duties of interim resolution professional and resolution professional
  • Resolution plan and approval of resolution plan by committee of creditors
  • Grounds for initiation of the liquidation process
  • Appointment of liquidator: Eligibility criteria
  • Powers, duties and functions of liquidator
  • Reporting by liquidator
  • Liquidation estate
  • Preparation of preliminary report by liquidator
  • Valuation of assets by liquidator
  • Concept of early dissolution of corporate debtor
  • Submission of claims by stakeholders
  • Sale of assets of corporate debtor by liquidator

Industry Academia Panel

Pranav Khatavkar

Author of bestselling books on Limited Insolvency Exam; Debt Recovery and Corporate Insolvency Lawyer

Success Stories

Imagine how it would be if you could navigate the usual legal and regulatory mess with ease, and make better decisions as you scale your business or career growth. Regulatory and legal difficulties is a huge hurdle to doing business in India, and very few people have mastery over it. We are inviting you to find out more about how we can add a touch of magic to your growth. Here are some amazing success stories of our students who have taken up our courses.

I am a computer science engineer by education, but an entrepreneur by profession. Having had no formal education in running a business I was always led to a lot of "learning the hard way". When iPleaders launched the course for Entrepreneurship Administration and Business Laws, in an e-learning mode I took up the course with the objective to understand all legal nuances related to running a business. The course covered things like; understanding of ESOP, Sweat Equity, Company Policy, License agreements, IP related law, EULA and lots of other content which made sense for our business.

Atul Gupta

Managing Director of InSync Tech-Fin Solutions Ltd

I joined the NUJS diploma in Entrepreneurship Administration and Business Laws while I was working with the Calcutta Stock Exchange. I had already done my LLB and was looking for a course which would give me some practical insight. I came across the NUJS Diploma in Entrepreneurship Administration and Business Laws while searching the internet. I was looking for some course for value addition to my profile and knowledge. I had already done my LLB and MBA but wanted some practical knowledge. This course appealed to me, as it was dealing with business laws and I was working with a corporate. So this course was very significant to me and covered things which were relevant to me.

Sumit Sengupta

CFA, LL.B, Legal Counsel, Calcutta Stock Exchange

All modules in this course are meticulously designed with the emphasis on practical knowledge and it's very difficult to say which module was more informational than the other. Still, I particularly found the modules on statutory compliances, due diligence, business structuring and institutional financing to be really beneficial for me because I wanted practical insight into these topics. Non-lawyers such as businessmen are usually afraid of legal jargons that are found in books; however, this course uses a very simple and easy to understand language and therefore I recommend this course to all those who wish to enhance their business law knowledge.

Harshal Joshi

Legal Head, Legal Dog, LL.C

This course is something that would simply catalyze the process and help you in creating the best path for yourself. Being armed with a diploma in law from a prestigious national law school in itself speaks volumes – it gives the signal to the people working with you that your understanding of legal and regulatory situation should be and can be taken seriously. Given the kind of work I'm into, it does help a lot indeed, especially as one climbs the stairs of seniority and responsibility. The early headstart in legal strategy making and insights into dispute resolution is also a superb advantage.
Also joining the course has given me a new fraternity. It indeed feels great to have been associated with iPleaders…and I would be glad to continue with this relationship. I continue to get professional support from them. You can always reach out to the alumni or iPleaders founders themselves and ask for a favour.
I would strongly recommend this course to people (age no bar, beyond fulfilling the eligibility criteria) who are interested in bringing out something new (in any form) which shall be innovative and meaningful in the long run, and those who are interested in organization building – as the course helps in minimizing the number of legal and strategic hurdles that one may face after taking the plunge. You will be much more educated and smart with respect to a whole range of things once you even go through the course even partially.

Abhilash Acharya

Doctoral Fellow, IIM Ranchi

The placement support program offered by iPleaders was useful in securing my first job at Innove Law (a niche corporate law firm in Mumbai).

Unnita Bhattacharya

Associate at Krishnamurthy & Co.

This course has given me valuable insights such as drafting various agreements with clients, dealing with clients, and also choosing right organization structure my own venture and was able to help other entrepreneur in structuring their new venture.
Skills I learned during the course structuring a company, appoint advisors and remunerate them, drafting Co-Founder's Agreement, taxation of software product and SAAS companies, clear understanding of Shareholders' Meetings, legal instruments, Shareholders' Agreement, how to raise investments effectively, drafting employment agreement, Structuring ESOP& ESPS, How to avoid disputes and drainage of resources through courtroom battles, Data protection under Indian law, Cloud computing agreements, How to obtain copyright, trademark and patent registration in India.
Definitely student entrepreneurs studying in college will get a lot of benefits from this course. Interested students will be motivated like me to pursue their entrepreneurial journey keeping balance with various entrepreneurship network system, they can easily create a successful business venture without any hindrance.


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