LL.M IN INSOLVENCY AND BANKRUPTCY LAWS
(Two- Years Full Time Residential Course)
(First Year at NALSAR University & Second Year at IICA Campus)
Jointly Offered by
NALSAR University of Law, Hyderabad &
Indian Institute of Corporate Affairs, New Delhi
INDIAN INSTITUTE OF CORPORATE AFFAIRS
The campus, spread over 14 acres, comprises Administrative Building, Retreat Block, Director’s residence, Trainees Hostel comprising 72 rooms and residential complex consisting of 1-BHK, 2-BHK and 3-BHK apartments. Trainees are provided twin-sharing accommodation with modern amenities, access to high-speed Wi-Fi and mess serving vegetarian and non-vegetarian cuisines in an elegant dining hall. The morning starts with the sound of chirping of birds and serenity of green campus. Morning yoga by a professional trainer is a part of daily routine integrating health for a balanced life. A fully-functional gymnasium with all modern and essential fitness and training equipment is accessible to students 24×7. Sports facilities cover a variety of games including football, cricket, badminton, volleyball, billiards and table tennis. High-end boardroom and modern classrooms are used for delivery of lectures, expert talks and panel discussions
NALSAR UNIVERSITY OF LAW
The National Academy of Legal Studies and Research (NALSAR) was established in 1998 by a Statute of the State of Andhra Pradesh. Since its inception, the University has been home to vital conversations on law and justice. These conversations have acknowledged that questions of justice arise in all legal pursuits whether in the world of courts, corporations, education or administration. Using law as an instrument of social change the University has supported crusades for land rights, disability empowerment and against moral policing and hate speech. NALSAR is committed to the creation of an ethical legal culture, which protects and promotes the rule of law. The social justice agenda is no laughing matter but the University believes that the cause of building a rule of law society is a continuous enterprise, which is sustainable if it is undertaken with optimism and good cheer.
Why IICA & NALSAR
The Indian Institute of Corporate Affairs is a premiere institute established Ministry of Corporate Affairs. It primarily works on various issues relating to the Corporate Affairs including Companies Act, Insolvency and Bankruptcy Laws and Procedures, Business and Financial Laws, Valuation, ESG, MSMEs, Corporate Governance and Independent Directors. The Institute is involved in capacity building and offering the course in Online and Offline mode since introduction of the Insolvency and Bankruptcy Code. It works closely with IBBI and MCA in relation to the Insolvency and Bankruptcy. It is the first institute allowed by IBBI to offer the prestigious Graduate Insolvency Programme (2 years course) and the Institute has successfully completed 4 batches of the GIP course and moving towards offering the 5th batch of the course from June 2023. The Institute has achieved 100 percent placements to GIP students and leading the Insolvency filed at forefront for sensitizing the private and public sector since 2017. Its role in hosting orientation programmes for newly appointed Hon’ Members of NCLT also helps IICA in gaining legal perspective on the subject. Taking these initiatives forward, the IICA is one of the most ideally placed institution to collaborate with the one of the leading and best National Law Schools in the country i.e. NALSAR University of Law for a LL.M course in Insolvency and Bankruptcy Laws.
THE LL.M PROGRAMME
The LL.M course offered by the National Academy of Legal Studies and Research (NALSAR University) and Indian Institute of Corporate Affairs (IICA) is first of its kind LL.M. Degree Programme in Insolvency and Bankruptcy Laws and Procedures Law in India. India has a huge, emerging sector for helping distressed and bankrupt companies come out of financial difficulty. But it faces a huge shortage of bankruptcy professionals who can oversee the process. As of 2023, the country had nearly 3000 insolvency professionals; however, the number of Insolvency Professionals and Insolvency Associates are very less considering the number of filings taking place every day at NCLT. On an average, one Insolvency Professional needs at least 20 associates to assist in big-ticket CIRP and Liquidation cases. Therefore, there is a serious need to produce good insolvency associates and eco system at mass level for providing the support to IPs, IPEs, Consultancies, Law Firms, ARCs and Academia. Therefore, the Master level course / orientation in Insolvency and Bankruptcy Laws is the need of the hour. There is a vacuum in this area in the legal educational system in the country and this course seeks to fill up this vacuum.
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Important Dates
Online Registration Opens | 15th April, 2024 |
Online Registration Closing | 15th June, 2024 |
Download Hall Ticket | 20th June, 2024 |
Entrance Examinationination Date (Online) | 23rd June, 2024 |
Personal Interviews (Online Mode) | 24th June, 2024 |
Test Results Announcement | 27th June, 2024 |
Final Results Announcement | 15th July, 2024 |
Admission Process | 18th July, 2024 |
Commencement of Classes | 22nd July, 2024 |