From Basics to Advanced – Decode the Code and Shape Your Future
About the Course
Cost
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About Lawctopus Law School
Lawctopus Law School has taught a wide range of practical skills to over 20,000+ 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 Online Contract Drafting 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. 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
Module 6: 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 7: 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 8: 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 9: Emerging Trends and Issues in Insolvency
- Impact of technology in insolvency resolution (e.g., digital filings).
- ESG considerations in insolvency proceedings.
- Rising trends in distressed asset sales.
Short Reading Module: Personal Guarantors
Assignment 1: Draft an application to be filed under Section 7 of IBC, 2016 in the format prescribed under IBC, 2016.
Assignment 2: Draft minutes of meeting of committee of creditors where the following resolutions were passed:
a. Approval of the IRP as the RP of Corporate Debtor
b. Appointment of advocates to assist the RP
c. Publication of Public Announcement by the RP
d. Claims received by the RP
Assignment 3: Analyze the role of a Resolution Plan for a fictitious company undergoing insolvency.
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8 Unique Elements of the Course
1. 100+ Pages of Well-Researched Reading Resources
Carefully crafted and reviewed by IBC experts to ensure both conceptual depth and practical relevance.
2. 3+ Hours of Expert-Led Recorded Lectures
Learn from seasoned professionals with extensive experience in insolvency law and practice.
3. Weekly Live Sessions with Experts
Engage directly with faculty to clarify doubts, discuss current developments, and deepen your understanding.
4. Double Benefit: Do a Project with a Law Firm + Earn a Certificate from Them
Apply your learning in a real-world project with a reputed law firm and receive a certificate that strengthens your resume and credibility.
5. Detailed Coverage of the Code
CIRP, Liquidation, Pre-Pack Insolvency, Cross-Border Insolvency, Interplay with Other Laws, Key Amendments, Landmark Cases, etc. – everything you need to know has been covered comprehensively.
6. Compulsory Practical Assignments with Personalized Feedback
Submit assignments that simulate real work and receive detailed feedback to help you improve and grow.
7. Career-Focused Learning
Develop a strong practical foundation that will help you stand out in internships, interviews, and your legal career.
8. Lifetime Access to Content
Revisit materials, lectures, and updates anytime—even after the course ends. Stay IBC-ready always
How will this course help you?
- Double Benefit: Do a Project with a Law Firm + Earn a Certificate from Them
Apply your learning in a real-world project with a reputed law firm and receive a certificate that strengthens your resume and credibility.
- 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.
- Save 2–3 years of struggle. What most lawyers learn through court experience over several years, you’ll master in just 2 months through structured, practical learning.
- 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
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
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Course Developers and Faculty of this Course
1. Shashank Sardesai
Shashank Sardesai graduated from the University of Pune in 2018 and is currently working as an Independent Litigator and Company Secretary.
He has co-founded EverTrust Legal, a full service law firm after having previously worked with esteemed law firms such as Wadia Ghandy & Co., HSA Advocates and Khaitan Legal Associates.
Adding feathers to his wonderful feat, he also holds a Diploma in International Business Laws from Symbiosis Law School, Pune (2014) and Diploma in Cyber Laws from Government Law College, Mumbai (2017).
Throughout his career, he has garnered extensive experience working on partnership deeds, leave and license agreements, lease deeds, service agreements, loan agreements, non disclosure agreements, mortgage deeds, deeds of guarantee, etc.
2. Akanksha Mishra
Akanksha is currently working as the Head of Lawctopus Law School, where she has taught contract drafting & negotiation course to 1500+ learners and has received an average rating of 96.5/100.
Akanksha Mishra is an independent litigator with diverse experience in commercial and real estate litigation. She is practicing at the Bombay High Court, Nagpur Bench.
Akanksha has also been the corporate counsel for many start-ups, media companies, software developer companies, and PSUs like Bharat Heavy Electrical Limited, MyCaptain, Mastersoft ERP Solutions, etc., where she drafted and reviewed multiple contracts.
Akanksha graduated from Symbiosis Law School, Pune, in 2018 and completed her LLM in Constitutional Law from Nagpur University in 2021, where she achieved the top rank and was awarded a gold medal.
3. Jaibatruka Mohanta
Adv. Jaibatruka Mohanta is a practicing Advocate before the Courts at Karnataka and other Courts across India. He is working as a Research Associate at the Centre for Environmental Law, Education, Research and Advocacy (CEERA), National Law School of India University (NLSIU) to delve into cutting-edge research, policy formulation, and capacity-building programmes for the government of India.
Jaibatruka, along with his team, advises the Government of India on matters of Criminal Law reforms and is involved with various groups to strengthen the criminal procedure in India. He is also involved in preparing materials for prosecuting individuals involved in criminal sanctions – thus assisting CPCB and other government bodies in the same.
He also engages in teaching Advanced Contracts and assists the Professor at NLSIU in conducting sessions on Public Policy, Procurement, and Tendering. Lastly, he is engaged with law schools and a few startups in structuring a few courses for their initial graduate batches.
4. Gourav Mohanty
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Course Fee
Rs. 6900
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 [email protected] 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 [email protected] and we will get back to you within 24 hours!