Lawctopus’ 1-Month Long Course on ‘Insolvency and Bankruptcy Code’

About the Course

This course is your one-stop destination to understand the Insolvency and Bankruptcy Code, 2016 (“IBC”) – not just in theory, but in its most practical form. From basics to advanced, you will dive deep into how the law works, why it matters, and how to actually apply it.

You will get to learn everything about the Corporate Insolvency Resolution Process (“CIRP”), liquidation, cross-border insolvency, etc. And yes! This is not a course that will just talk to you, it will actually make you do things.

You will get to participate in practical activities, draft essential documents (like Minutes of Committee of Creditors (“CoC”) Meetings, application under Section 7 of the IBC, 2016, etc.),  understand how real-life cases are handled, and get a solid grip on the landmark case laws, and recent amendments that have shaped the IBC in practice. You will also get to work on practical assignments and receive personalised feedback .

Whether you are a student exploring insolvency and bankruptcy law, a young professional looking to strengthen your legal toolkit, or someone simply curious about how insolvency works in the real world: this course offers a wholesome, enriching, and hands-on learning experience that you can truly carry forward into your career!

Course Fee

Rs. 8999/- – Rs. 4999/-

About Lawctopus Law School

Lawctopus Law School has taught a wide range of practical skills to over 25,000+ law students, young lawyers, professionals, academicians, and business people. Over 1000 students have rated our courses and the average rating is 93.2/100. Our online courses are ‘warm’ learning experiences!

At LLS, our courses are developed by subject matter experts (practitioners and academicians) and these courses are a mix of

• Rigorously researched reading modules
• Recorded lectures by Industry Experts
• Weekly live sessions for clearing of doubts
• Practical assignments which mirror real-life assignments, with personalised feedback
• Special Modules, Add-on career webinars, and
• The now famous ‘warmth and care’ of LLS

Structure of this Course

The course begins with a live ‘Orientation Session’ which tells you how to gain full value out of the course.

Module 1: Introduction to insolvency and bankruptcy law in India 

• Meaning of insolvency and bankruptcy
• Law existing prior to IBC, 2016 
• Introduction to the advent of IBC, 2016 
• Formation of Insolvency and Bankruptcy Board of India (IBBI)
• Jurisdiction of NCLT

Module 2: Corporate insolvency resolution process (CIRP)

• Meaning, introduction and applicability
• Initiation of CIRP – Financial Creditor, Operational Creditor or by Corporate Debtor
• Step by step process and effects once CIRP commences
• Waterfall mechanism under Section 53 of IBC and concept of Committee of Creditors
• Concept of Interim Resolution Professional (IRP) and Resolution Professional (RP), rights, duties and powers of IRP and RP
• Concept of moratorium
• Prescribed timelines
• Resolution plan and persons eligible to submit resolution plans
• Pre-packaged insolvency resolution process
• Fast – track insolvency resolution process and its applicability
• Application for avoidance of different kinds of transactions by RP
• Insolvency resolution process of personal guarantors

Module 3: Liquidation and voluntary liquidation

• Meaning and introduction
• Initiation of liquidation and voluntary liquidation
• Appointment of liquidator
• Step by step process
• Prescribed timelines

Module 4: Cross-Border Insolvency 

• Overview of cross-border insolvency under the IBC framework.
• UNCITRAL Model Law on Cross-Border Insolvency.
• Legal challenges and framework for recognition of foreign insolvency proceedings.
• Coordination Between Domestic and Foreign Courts.
• Group Insolvency in a Cross-Border Context.

Module 5: Recent Amendments to the IBC, 2016

• Key highlights of the recent amendments.
• Impact of amendments on creditors and resolution applicants.
• Industry-specific insolvency provisions.

Module 6: Interplay of IBC with Other Laws

• Interaction of IBC with the Companies Act, 2013.
• Tax implications during insolvency and resolution.
• Interface of IBC with SEBI, FEMA, and labour laws.
• White Collar Crimes
• Judicial Perspectives on the Interplay of Laws.

Module 7: Economic Impact of IBC on Businesses

• Role of IBC in reviving stressed assets.
• Contribution of IBC to economic growth.
• Challenges faced by MSMEs under IBC.

Module 8: Issues and Challenges faced in implementing IBC

Module 9: List of Landmark decisions on IBC, 2016

Some examples:

• Mobilox Innovations Pvt Ltd vs Kirusa Software Pvt Ltd
• Innoventive Industries Ltd vs ICICI Bank
• Pioneer Urban Land and Infrastructure Ltd v Union of India
• Swiss Ribbons vs Union of India

Short Reading Module 10: Personal Guarantors

• Assignment: Draft an application to be filed under Section 7 of IBC, 2016 in the format prescribed under IBC, 2016.
• Practical Activity: Draft minutes of meeting of committee of creditors

8 Unique Elements of the Course

1. Well-Researched Reading Resources

You will receive reading materials drafted by IBC experts to ensure both conceptual depth and practical relevance.

2. Expert-Led Recorded Lectures

You will directly learn from seasoned professionals who have extensive experience in insolvency, bankruptcy and corporate law.

3. Weekly Live Sessions with Experts

You will get to engage directly with faculty to clarify doubts, discuss current developments, and deepen your understanding.

4. Double Benefit: Certificate from Lawctopus Law School + Partner Law Firm

Upon completion, learners will receive 2 certificates: a course completion certificate from Lawctopus Law School and a project certificate from our partner law firm or organization, adding strong credibility to your resume.

5. Practicalities of IBC taught in detail

The course covers the Insolvency and Bankruptcy Code (IBC) comprehensively, from its introduction and legislative framework to real-world practical applications. Learners are trained on the entire CIRP process, including initiation, moratorium, resolution plans, liquidation, and distribution of assets. It further explores landmark judgments, recent amendments, and emerging trends shaping the future of insolvency law practice in India.

6. Compulsory Practical Assignments with Personalized Feedback

You will get to submit assignments that simulate real work and receive detailed feedback to help you improve and grow.

7. Career-Focused Learning

You will also develop a strong practical foundation that will help you stand out in internships, interviews, and your legal career.

8. Lifetime Access to Content

You can revisit materials, lectures, and updates anytime even after the course ends. 

How will this course help you?

• Double Benefit: Certificate from Lawctopus Law School + Partner Law Firm: Upon completion, learners will receive 2 certificates: a course completion certificate from Lawctopus Law School and a project certificate from our partner law firm or organization, adding strong credibility to your resume.
• Law students will gain a strong, practical understanding of the IBC, making them stand out in internships, research roles, and job interviews with top law firms and insolvency professionals.
• Young litigators (0–4 years of experience) will be able to confidently handle IBC related matters like CIRP, liquidation, and NCLT procedures, opening up a new and growing practice area for earning.
• Professionals and students will understand how to work with insolvency resolution professionals, navigate NCLT proceedings, and draft key documents under the Code.
• Enhance your employability by learning how to prepare essential IBC documents like resolution plans, liquidation applications, and more.
• Learn by doing practical assignments, and get expert-reviewed evaluations-  complete practical assignments based on real-life IBC scenarios and receive expert evaluations to improve your work.

Who can enrol for this course?

• Law Students
• Aspiring and Practicing Litigators
• Corporate lawyers
• Company Secretaries
• Academicians who wish to bring a useful practical angle to their classes
• Law firm Associates
• IBC enthusiasts
• Aspiring Insolvency Resolution Professionals

Course Developers and Faculty of this Course

Course Fee

Rs. 8999/- – Rs. 4999/-

Add-on Benefits

• Get a completion certificate issued by Lawctopus Law School after the completion of the course.
• Merit certificates will be awarded to best-performing learners.
• Work on an IBC project with Ever Trust Legal Law Firm and Get a Certificate!
• Become a part of LLS alumni and get exclusive notifications about internships, jobs; also get discounts on courses and workshops.

Money Back Guarantee

In case you do the course sincerely and are still dissatisfied with it, we’ll refund you 100% of the money you invested; no questions asked. We are that confident in our course!

What does ‘sincerely’ mean? It means that you attend at least 75% of the live classes and complete the compulsory assignments successfully. If you still don’t think the course was worth the money, we’ll refund the full amount, no questions asked!

Just email us at support@lawctopus.com and the refund will be issued within 7-10 working days.

Questions?

If you have any queries regarding the course, please send an email to courses@lawctopus.com and we will get back to you within 24 hours!