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Basics of Insolvency and Bankruptcy Law


Understand the basics and practical application of IBC and related concepts.


Taught By Raghuram Cadambi c1.jpg
Guest Faculty at NLSIU Bangalore | Ex-Trilegal

12 Hours
100% Live Training
3 Weeks

Orientation Session Video
The field of insolvency and bankruptcy laws have garnered much attention over the years ever since Kingfisher Airlines went bankrupt. The people started wondering what exactly happens to a dying company looking for a winding up. Does the law intervene to help the dying companies? If yes, how does it help? What about those who have invested in the companies and their investments tanked or the creditors who never got their dues, or simply the employees who did not receive their deserving salaries. This is where insolvency and bankruptcy laws become relevant, which have answers to all these questions.


Such insolvency and bankruptcy laws that primarily involve the Insolvency and Bankruptcy Code, 2016, and other allied legislations prescribes a process to revive the dying and sick companies called the Corporate Insolvency Resolution Process [CIRP]. CIRP is carried out by trained and qualified Resolution Professionals and gives ample opportunities to the regular practitioners to represent dying companies or creditors before the courts and tribunals. Therefore, insolvency and bankruptcy are promising niche fields with lots of unharnessed potential and opportunities for young practitioners and budding lawyers looking for exciting avenues in law.

As usual, this field of law is unexplored through the regular law school curriculum, and lawyers find it difficult to start their practice right away in the NCLTs without a proper understanding or training of the insolvency and bankruptcy laws. Keeping that in mind, WizLaw Academy, in collaboration with leading practitioners and industry leaders, has curated an exclusive and industry relevant skill based course on insolvency and bankruptcy laws to provide participants with an in-depth functional and practical understanding of the Insolvency and Bankruptcy Code, 2016 and relevant provisions of the allied legislations. The course will guide a participant to cumulatively and comprehensively understand the CIRP Process and how it plays out in practice.

This course aims to provide participants with an overview of the rationale behind the key provisions of the Code and their practical application. Therefore, the course will provide participants with multiple fact situations (both in contentious and non-contentious contexts) and aim to provide participants with an understanding of the Code, which will enable them to apply these learnings in real-world situations. The course would be of use to those who wish to pursue commercial litigation, corporate lawyers who are certain to face some of these issues in an advisory capacity, or in the course of structuring and executing transactions.

Broadly, the course will acquaint participants with strategies to initiate insolvency proceedings against debtors, act for debtors to defend insolvency actions, advise restructuring companies using the Code, and evaluate various recovery methods against companies already in insolvency/liquidation.

Highlights of the Course


Live sessions with extensive Q&A

Real life case discussions

Industry tailored reading material

Short Assignments and Take-Home Exam

Practical insights into IBC

Taught by leading practitioners

Certificate signed by the course instructor

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What will you learn?


1

Insights into IBC

Legal insights into the purpose and functioning of insolvency and bankruptcy laws

2

Know CIRP

Understand the CIRP process and what goes into the preparation of a resolution process

3

Learning by doing

Practical applications of the IBC provisions through simulations and case studies

Super Charge Your Legal Career

Why learn the Basics of Insolvency and Bankruptcy Law?


Limitations of law school teaching

Most law schools teach IBC as a part of Banking law or Corporate law rather than as a standalone subject.


Learn from the Expert

The course is taught by a fine expert in the field of Insolvency and Bankruptcy law who understands the ecosystem and its dynamics.


Explore the potential

IBC is an evolving legislation. It’s still being amended by the legislature and as a result, still being reinterpreted by the courts. The importance of this legislation for the Indian economy can’t be underscored.

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What will be the training syllabus?

Session 1 90 minutes

The logic of insolvency and bankruptcy law in an economy

Session 2 90 minutes

Lay of land before the IBC: Winding up under different legislations

Session 3 90 minutes

Understanding Insolvency and Bankruptcy Code, 2016

Session 4 90 minutes

Creditor actions under the IBC – Part 1

Session 5 90 minutes

Creditor actions under the IBC – Part 2

Session 6 90 minutes

Insolvency resolution process and resolution plans

Session 7 90 minutes

Appointment, Role and Duties of a Resolution Professional

Session 8 90 minutes

The aftermath of the insolvency resolution process

Download Course Brochure

Who should take this course?


Law students

Fresh graduates

Young practitioners

CA & CS

Corporate Executives

Law enthusiasts

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Who will be your teacher?

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Raghuram Cadambi


Guest Faculty at NLSIU Bangalore | Ex-Trilegal

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Super Charge Your Legal Career

Get Ahead with WizLaw's Master Certificate


Earn a valuable credential

Our courses offer a critical insight into the subject. The Certificate, awarded only upon your successful completion, proves that you’ve attained a thorough understanding of the subject.


Differentiate yourself with the Completion certificate

The Certificate is a proof that you’ve gone through the rigorous course. The Certificate can be put towards academic and professional applications.


Proof of Achievement

Get a Personalized certificate with assessment results and comments. The Certificate enjoys an industry-wide recognition.

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The WizLaw Edge


1

Learn from prominent names in the profession

The Course offerings are devised and delivered by a range of eminent practitioners and academicians.


2

Learn the intricacies of the profession

All our course offerings are geared towards preparing you for the profession.


3

Real Certification

A personalized certificate is issued only upon the successful completion of course.


4

Networking Opportunities with Placement assistance

Build a reliable professional network, complemented by placement assistance.


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Frequently Asked Questions

This course will help you understand the nuances of insolvency and bankruptcy proceedings from a practitioner’s lens. It will help you think like an insolvency professional and understand the position and perspective of a corporate debtor, operational creditor, and financial creditor, which will help you boost your skills and knowledge for practising in the field of insolvency and bankruptcy.

The course is exclusively designed and curated by a leading practitioner keeping in mind the requirements of the legal industry and the missing links in the curriculum of law schools on Insolvency and Bankruptcy. The methodology adopted is similar to that of a seminar course in a National Law School. The intent is to foster real learning instead of issuing a mere certificate like other platforms.

The teaching will be like a real class, and you are free to ask as many doubts throughout each session. You will also have access to the course instructor outside the classroom to clarify any doubts.

Each class will be recorded and the recording will be available till the start of the next session.

The following is the break up of evaluation criteria:
Class participation = 20 Marks
Assignments = 30 Marks
Take home exam = 50 Marks

Grading
<50 = No certificate
50-55 = B
55-60 = B+
60-65 = A
65-70 = A+
70+ = O

It varies according to the demands of the course. The duration of every course is mentioned on the respective course page.

The Courses are completely virtual as of now. Since the courses are live, the timings are decided by the instructors and may vary from course to course. Please check the course page for the days and timings of each course.

Enrolment is not restricted to any particular part of India. Therefore, courses are only available in English.

The number of students is capped at 50. Your cohort members are other motivated people with aligned professional goals.

A functioning computer or a tablet equipped with a camera and a microphone is all you need. Also, a good internet connection.

Reading material is shared by the instructors as per the demands of the course.

Given the circumstances, If there is a genuine reason for you not being able to attend the course, we may accommodate you in the next batch upon your request. Requests will be considered on a case-by-case basis.
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By Raghuram Cadambi

Understand the basics and practical application of Insolvency and Bankruptcy Laws and related concepts.

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