

BEYOND A DECADE:
THE IBC IN TRANSITION
4th NLUJ-IBBI Online Certificate Course, 2026
The 2026 Overhaul, Cross-Law Conflicts, and Careers in Modern Insolvency Practice
08 October, 2026 - 13 October, 2026
With Exclusive Internship Opportunities with Leading Law Firms, Think Tanks and Practitioners
ABOUT THE COURSE
Following the resounding success of its previous three editions, which attracted over 1300 participants, the Centre for Insolvency and Bankruptcy Studies at the National Law University, Jodhpur, in collaboration with the Insolvency and Bankruptcy Board of India, is proud to launch the fourth edition of its course on Insolvency and Bankruptcy Laws.
Having completed a decade since its enactment, the IBC now stands at a pivotal juncture, and this six-day intensive programme is designed around the theme of how the Code is evolving to meet emerging challenges and prepare for the decade ahead. The course will equip participants with a deep understanding of contemporary issues, legal intricacies, and the evolving policy landscape under the IBC, bringing together a distinguished panel of policymakers, senior practitioners, members of regulatory institutions, and eminent academicians to provide a 360-degree perspective on the law’s next phase.
Hallmarks of the Course



Internship Opportunities
Internship opportunities to top performing individuals at leading law firms, influential think tanks, senior academicians and practitioners.
Career Workshops
Focused sessions by diverse professionals sharing career journeys, guidance, and emerging opportunities in insolvency law.
Networking & Engagement
Direct access and discussion with leading professionals on theory, practice, policy, and career growth.
ABOUT CIBS
The Centre for Insolvency and Bankruptcy Studies [CIBS] was established in August 2019 with the objective of pursuing and promoting innovative scholarship and research in insolvency and bankruptcy laws.
In furtherance of its objectives, the Centre has undertaken several academic initiatives aimed at fostering scholarship, including conducting three editions of the CIBS-IBBI Intra College Essay Writing Competition and three editions of the CIBS-IBBI Online Certificate Courses, which have cumulatively achieved immense success with over 1,000 registrations.
In 2023, CIBS announced the launch of Solventia — Journal of Insolvency and Bankruptcy Laws (ISSN: 3139-6879 and eISSN: 3108-2548), a bi-annual, double-blind peer-reviewed journal published in English. Being the sole insolvency and bankruptcy law academic journal in India, it has received more than 300 submissions across its first three issues.
Moreover, the CIBS Blog, launched in 2020, was rebranded as The Restructuring Ledger in 2024 under the ambit of Solventia. Since its inception, it has continued to feature insightful contributions that enrich the discourse on insolvency and bankruptcy law
Speakers of Previous Editions
Previous editions of the course have brought together leading academics, regulators, and practitioners. Featured below are some of the distinguished speakers who have delivered lectures, joined panel discussions, and and shared career insights.




















Snippets from Previous Editions

Snippets from Previous Editions of the Course



Snippets from Previous Editions of the Course
COURSE BROCHURE
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Speakers for the Current Edition

Mr. Rajeev Vidhani
Partner, Khaitan & Co.
Mr. Vidhani, Partner in the Banking & Finance practice in Mumbai, has advised financial institutions, corporations, and funds on distressed acquisitions, debt restructuring, refinancing, and financing transactions. He specialises in syndicated lending, guarantees, security, debt issuances, insolvency, and restructuring, with experience at Ashurst in Sydney and expertise in RBI schemes and the Insolvency Code.
![Pranaya Goyal [Partner] (1).JPG](https://static.wixstatic.com/media/22a909_2e4acde14fc541e9a99e432d9ee93303~mv2.jpg/v1/fill/w_261,h_262,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/Pranaya%20Goyal%20%5BPartner%5D%20(1)_JPG.jpg)
Mr. Pranaya Goyal
Partner, Wadia Ghandy & Co.
Mr. Goyal, an NLU Jodhpur graduate (2009), has been with Wadia Ghandy & Co.’s Dispute Resolution team since 2009 and became a Partner in 2016. He specialises in civil, commercial, corporate, and criminal litigation and arbitration, and practices before the Supreme Court, Delhi High Court, and tribunals. Advocate-on-Record, Supreme Court.

Mr. Gautam Chawla
Partner, Trilegal
Mr. Chawla is a Partner at Trilegal's competition law practice. He advises Indian and multinational clients on a wide range of competition law matters including restrictive practices, market dominance, and cartel investigations, to name a few. He also regularly appears before the Competition Commission of India, the National Company Law Appellate Tribunal, and the Supreme Court of India.

Mr. Ashwij Ramaiah
Principal Associate, Khaitan & Co.
Mr. Ramaiah, Principal Associate in the Restructuring & Insolvency practice at Khaitan & Co., Mumbai, regularly advises on restructuring, insolvency, debt recovery, and enforcement across sectors such as aviation, oil & gas, steel, power, and telecom. He has handled high-profile, cross-border matters involving jurisdictions like the UK, USA, and Singapore. Recognised among Business World’s “30 Under 30” (2022) and as a “Recommended and Key Lawyer” by Legal 500 (Asia Pacific, 2024), he also regularly publishes in leading journals.

Mr. Soumitra Majumdar
Partner, JSA Advocates and Solicitors
Mr. Soumitra specializes in Banking & Finance and works closely with Indian and multinational banks, development financial institutions, commodity finance houses, NBFCs, and corporates on structuring, due diligence, documentation, and negotiations. His practice covers bilateral and syndicated credit facilities for capital expenditure, working capital, project and acquisition financing. He also advises on guaranteed facilities for overseas subsidiaries, cross-border and domestic structured and trade finance, compliant with Indian exchange control and banking regulations. His practice further includes security enforcement, corporate debt restructuring, and insolvency-related matters.

Mr. Sumant Batra
President, Insolvency Law Academy
Mr. Sumant Batra is a lawyer of global eminence with three decades of experience in the areas of insolvency, bankruptcy and related laws. His work and contribution ranges from policy making to drafting of legislation and regulations, designing best practises to their disseminating, advising and representing clients to assisting the courts in development of jurisprudence, sharing knowledge through writing and speaking at conferences to curating and delivering capacity building programmes for stakeholders. He is the only Indian to have been conferred the honour and election as an International Fellow by the American College of Bankruptcy. He developed an inclination towards policy work while observing his father develop the Parliamentary standing committee system in India during his long stint in the Lok Sabha Secretariat.

Ms. Rashneet Kaur
Counsel, Khaitan and Co.
A seasoned banking and finance lawyer, Ms. Kaur specialises in private credit and debt capital markets, with extensive experience advising leading banks and financial institutions on syndication, debt restructuring, project finance, acquisition finance and structured finance transactions.
She has also advised prominent real estate players on domestic and international transactions and has extensive experience in insolvency matters, having advised resolution professionals, financial and operational creditors, as well as investors and bidders in insolvency resolution processes.

Mr. Mukesh Chand
Senior Counsel, Economic Laws Practice
With over 32 years of experience across the legal and banking sectors, Mr. Chand specialises in banking, finance, restructuring and insolvency law, and has advised on complex insolvency proceedings and financial matters involving both creditors and debtors, including significant resolution processes. His experience also includes advising on complex resolution plans and insolvency matters, while his thought leadership is reflected in his contributions to publications and discussions on developments in insolvency, banking and finance. He has also contributed to the development of policies, manuals and guides relating to the implementation of the Insolvency and Bankruptcy Code. Mr. Chand has been associated with organisations including INSOL International, the Institute of Directors and the Chartered Institute of Arbitrators, London, and has been recognised as a Recommended Lawyer for his expertise in Restructuring & Insolvency.

Mr. Vishrut Kansal
Principal Associate, Shardul Amarchand Mangaldas
With over eight years of experience, Mr. Kansal specialises in corporate insolvency and restructuring, and has advised on over 45 high-stakes insolvency and liquidation transactions involving leading corporations, financial institutions and other stakeholders. His experience includes several significant insolvency matters, including the resolutions of Bhushan Steel, Essar Steel, KSK Mahanadi and the Videocon Group. Beyond his legal practice, Mr. Kansal has contributed to policy advisory and legal scholarship in the field of insolvency and has authored over 30 publications in leading legal journals and platforms, including Oxford University Press, Thomson Reuters and LexisNexis. He has also contributed to publications of the World Bank and INSOL International.

CA Manindra Kumar Tiwari
Partner, Tiwari & Mishra, Chartered Accountants
With over two decades of experience, CA Tiwari specialises in insolvency and restructuring, corporate and financial laws, and banking and finance, bringing together his expertise as a Chartered Accountant, Company Secretary, Law Graduate and Insolvency Professional. As an Insolvency Professional and restructuring advisor, he has handled significant assignments across sectors including real estate, fintech, mining and home furnishing, serving in various capacities including Resolution Professional, Liquidator, Authorised Representative and Legal/Strategic Advisor. A committed practitioner-academic, CA Tiwari regularly serves as a faculty and resource person with institutions including IIIPI–ICAI, the Indian Institute of Corporate Affairs and ICSI, and has also been associated with insolvency programmes and academic institutions across India. He is also an author and speaker who regularly writes and speaks on insolvency, restructuring, corporate and financial laws, governance and related areas.
INTERNSHIP OPPORTUNITIES
Over 15 exclusive internship opportunities for top-performing participants of the Course*
PUBLIC POLICY & RESEARCH
LAW FIRMS
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*Subject to terms and conditions intimated by the think tanks, law firms, chambers, etc.
Mode of Assessment
There will be two types of examinations:
1. Two Multiple-Choice Question [MCQ] examinations will be conducted, spaced evenly, throughout the duration of the certificate course. The participants will have to take the MCQ examinations virtually on a portal within a specified time period.
2. An essay submission of not more than 1500 words, on certain themes provided by the Centre, due on October 21, 2026. The essays will be evaluated by a panel comprising internal and external professionals and experts.
Eligibility Criteria for Internships
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Individuals currently enrolled in undergraduate law programmes (Five-Year) or postgraduate law programmes (only LL.M. or Three-Year LL.B.) at any Indian or international university; or
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Individuals who have graduated from a law school with a LL.B. or LL.M. degree within the last one year (not before 2025) at any Indian or international university.
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Every participant must necessarily be aged between 18 and 26 years.
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Please note that the eligibility criteria is only limited for availing internship opportunities, and does not extend to registration of the Course.
The decision of the Organising Committee in selection or administration of internship opportunities would be binding in this regard and non-appealable. IBBI has no role in the administration, selection, or facilitation of internship opportunities.
IMPORTANT DATES
September 15, 2026
Commencement of
Registration
October 08, 2026
Commencement of Course
September 28, 2026
Last Date for
Early Bird Discount
October 13, 2026
Conclusion of Course
October 06, 2026
Last Date for
Registration
December 07, 2026
Declaration of Results &
Allocation of Internship Opportunities
FAQs Related to the Course
1. Will the sessions be recorded?
Yes, the sessions will be recorded; however, this is contingent on requisite permissions from resource persons, copyright approvals, etc.
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2. What are the criteria for availing the Certificate of Participation, Certificate of Merit and the internship opportunities?
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To obtain the Certificate of Participation, you must attend at least 70% of all sessions in real time.
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For obtaining the Certificate of Merit, a candidate would need to secure a cumulative score of 75% or above in the two MCQ Examinations. The essay submission will not be taken into consideration for the Certificate of Merit.
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The eligibility criteria for being considered for internship opportunities are twofold:
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The participant must necessarily be aged between 18 and 26 years.
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The participant must currently be enrolled in undergraduate law programmes (Five Year LL.B.) or postgraduate law programmes (LL.M. or Three-Year LL.B.) at any Indian or international university; OR The participant must have graduated from a law school with a LL.B. or LL.M. degree within the last one year (not before 2025) at any Indian or international university.
The aforementioned are the only eligibility criteria. Only those participants who attempt the 2 MCQ Examinations and the Essay Submission and then, following the compilation of the scores, are within the top 15-20 participants can avail the internship opportunities subject to terms and conditions intimated by the organisations offering the same. The modalities and terms and conditions of the organisations would only be intimated to the selected 15-20 participants.
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3. Are students of undergraduate (Five Year LL.B.) degrees eligible for the internship opportunities?
Yes, students of undergraduate (Five Year LL.B.) degrees would be eligible for the internship opportunities.
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4. What would be the timings of the sessions and the MCQ examinations on the dates of the course?
The weekday sessions would be scheduled between 4:00 PM and 6:30/7:00 PM. The weekend sessions would run throughout the day from 10:30 AM to 6:00 PM.
Please note that the aforementioned dates and timings are subject to change. The finalised timings and dates would be intimated to the successfully registered participants closer to the commencement of the course.
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5. What would be asked in the MCQ examinations? Can anything under the subject matter of insolvency and bankruptcy law?
The questions asked in the MCQ examinations would be based on the discussions and knowledge provided by the resource persons in the technical sessions, in addition to any reading material, if circulated, for a particular session.
6. Are the internship eligibility criteria applicable for registration to the course?
No. The eligibility criteria aforementioned are only for availing internship opportunities, which are optional for participants, offered through the course. There are no restrictions for registration to the course, and anyone may register.
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7. In case of a tie in performance between multiple candidates, what would be the tie-breaking criteria for availing internship opportunities?
In case of a tie in performance, the following criteria would be utilised. First, the candidate with a higher score in the MCQ examinations will be given preference. If MCQ scores are tied, the candidate with the higher essay score will be preferred. In the rare event that both scores remain tied, the essays will be sent to a third reviewer on the panel, whose decision would then be final.
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8. In submitting the Google Form for registration to the course, while uploading the payment fee receipt PDF, an error is arising indicating 'Server Rejected'. How can the same be resolved?
This error is probably due to the storage of the Google Drive (the email ID being used for registration) almost being fully utilised. The solution to the same may be to use an alternate email account (of any domain) for the purpose of registration to the course.
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9. After I pay the registration fees and then submit the registration form, will I receive any confirmation regarding my successful registration to the course?
After verification of the registration payment fees alongside other details, you will receive an email acknowledging the successful registration of your participation in the course. Confirmation emails would tentatively be sent close to the commencement of the course.​
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FEE STRUCTURE
Domestic Participants:
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Academicians/Practitioners/Professionals: INR 3500/-
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Early Bird Discount: INR 3000/-
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Students (Undergraduate/Masters/Research Scholars): INR 3000/-
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Early Bird Discount: INR 2500/-
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NLUJ Students (currently pursuing LL.B. or LL.M. degree): INR 1500/-
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International Participants:
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Academicians/Practitioners/Professionals: USD 175
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Early Bird Discount: USD 150
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Students (Undergraduate/Masters/Research Scholars): USD 75
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Early Bird Discount: USD 50
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Early bird discount can be availed till September 28, 2026.
Design Credits: Mariam Anna Jaise
For further queries, contact:
with the subject line “Query_NLUJ-IBBI Certificate Course”
Executive Director, CIBS
Phone No.:
Mr Thejas Velaga, Coordinator, CIBS +91-733841 8006
Ms Anoushka Verma, Coordinator, CIBS +91-96935 66908