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Pre-Registration Educational Course – Regulation 5(b): IBBI (Insolvency Professionals) Regulations, 2016

Sl. No COVERAGE Revised time (Hrs)
1 Insolvency and Bankruptcy Reforms (Including Individual Insolvency)
  • Report of the Bankruptcy Law Reforms Committee
  • Report of the Joint Committee of the Parliament
  • Report of the Insolvency Law Committee
  • Legislative Guide on Insolvency Law of UNCITRAL, Cross border Insolvency, Group Insolvency, world bank principles for effective Insolvency
2 I. Drafting and Filing of Applications for initiation of CIRP on behalf of:
  • Financial Creditor
  • Operational Creditor
  • Corporate Debtor
II. Drafting and Filing of other Miscellaneous Applications Case Laws relating to Admission for CIRP
3 Familiarization with Forms and Formats under:
  • Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016
  • IBBI(Insolvency Resolution Process for Corporate Persons)Regulations, 2016
  • IBBI (Liquidation Process) Regulations,2016
  • IBBI (Voluntary Liquidation) Regulations,2017
  • IBBI (Inspection and Investigation) Regulations,2017
  • IBBI(Grievances and Complaint Handling Procedure)Regulations,2017
4 Taking over the Corporate Debtor as IRP / RP
  • Finance
  • Labour
  • Security
  • Valuation
  • Essential Services
  • Litigations
  • Safeguards: including Insurance for Prof Liability, Physical security, etc
  • dealing with untoward situations
5 I. Managing the Corporate Debtor
  • Going Concern as IRP / RP
  • Interim Finance
  • Statutory Compliances
  • Understanding and managing the corporate finances
  • dealing with untoward situations
II. Familiarization with information Utility
6 Claims with Examples
  • Verification
  • Rejection
  • Disputed Claims
  • Contingent Claims
  • Appeals
  • Constitution of CoC
7 Conduct the first meeting of the CoC and Subsequent Meetings
  • Notices
  • Invitation
  • Agenda
  • Meeting & Video Meeting
  • Voting &E-Voting
  • Minutes
8 III. Appearance before Adjudicating/Appellate Authority
  • Court procedures and practices
IV. Witness the Proceedings before
  • NCLT
V. Highlights of important and landmark judgments (including big cases)
9 I. Detection and Filing for
  • Preferential Transactions
  • Undervalued Transactions
  • Fraudulent Transactions
  • Extortionate Credit Transactions
II. Forensic Audit
10 Moratorium
  • Essential Services
  • Proceeding against Guarantor
  • Assets of Guarantor to Corporate Debtor
  • Case Laws
11 Fees and Expenses
  • Fee as IRP /RP
  • Insurance
  • Valuers and Other Professionals
  • Other Expenses
  • Cost management during CIRP period
  • Cost disclosures
12 Information Memorandum
  • Preparation
  • Modification
  • Circulation
  • Access
13 Eligibility for Resolution Applicants
  • Commercial
  • Antecedents
  • Section29A
Invitation and evaluation of Resolution Plans
  • EoI
  • RFP
  • Data Room
  • Evaluation Matrix
14 Resolution Plan
  • Mandatory Content
  • Contravention of Other Laws
  • Dues of Stakeholders
  • Case Laws
  • Approval by CoC
  • Filing before Adjudicating Authority
  • Managing Corporate Debtor Post Approval of Plan
  • Examination of Resolution Plan
15 Liquidation Process
  • Initiation of Liquidation
  • Powers and Duties of Liquidator
  • Preparation of Liquidation Estate
  • Manner and Mode of Sale of Assets
  • Waterfall on Distribution of Assets
  • Dissolution of Corporate Debtor
  • Liquidation as going concern
  • Voluntary liquidation
16 Disciplinary Aspects
  • IBBI (Inspection and Investigation) Regulations,2017
  • IBBI(Grievances and Complaint Handling Procedure)Regulations,2017
  • IBBI (Insolvency Professionals) Regulations,2016
17 Management
  • Technology in CIRP/Liquidation etc. processes
  • Leadership
  • Communication
  • Negotiation
  • Personality
18 Governance
  • Duties and responsibilities of IPs (with case laws)
  • Code of Conduct
  • Ethics
  • Professional Standards
  • Conflict Management
  • Reporting Mandates
  • Protection available to IPs (with case laws)
  • Errors and Omissions of IPs
Total   50

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    We thank you for contacting us and reiterate our commitment to addressing the requirements at the earliest.

    However, due to the introduction of concerted measures to deal with the COVID-19 spread, we are likely to face some constraints in the easy flow of services during the next few days.

    We request you to bear with us and assure you of our abiding engagement with our valued members.



Governing Board of IIIPI
  • Shri Ashok Haldia, Independent Director & Chairman
  • Ms. Rashmi Verma, Independent Director
  • Shri Ajay Mittal, Independent Director
  • Shri Satish Kashinath Marathe, Independent Director
  • CA. Atul Kumar Gupta, Director
  • CA. Prafulla P Chhajed, Director
  • CA. Durgesh Kumar Kabra, Director
  • CA. Hans Raj Chugh, Director
  • CA. Rahul Madan, Managing Director
Advisory Committee
  • CA Subodh Agarwal, Chairman
  •  Mr. Anil Arora
Membership Committee
  • Mr. Ajay Mittal, Chairman
  • CA. Prafulla P Chhajed
  • CA. Hans Raj Chugh
  • CA. Rahul Madan
Monitoring Committee
  • Ms. Rashmi Verma, Chairman
  • Mr. Ajay Mittal
  • CA. Durgesh Kabra
  • CA. Rahul Madan
Grievance Redressal Committee
  • Mr. Ajay Mittal, Chairman
  • Ms. Rashmi Verma
  • CA. Durgesh Kabra
  • CA Hans Raj Chugh
  • CA. Rahul Madan
Disciplinary Committee
  • Mr. Satish Marathe, Chairman
  • CA. Atul Gupta
  • Mr. Satpal Narang
  • CA. Rahul Madan
Audit Committee
  • Mr. Ajay Mittal, Chairman
  • CA. Atul Gupta
  • CA. Durgesh Kabra
Appellate Panel
  • Sh. Ashok Haldia, Chairman
  • Shri Ajay Behl
  •  Shri S. Balasubramaniam
Strategy & Implementation Committee
  • Mr. Ashok Haldia, Chairman
  • CA. Hans Raj Chugh
  • Ms. Rashmi Verma
Sr. No. Name Designation Qualification Email Id
1 Mr. Rahul Madan Managing Director B.Com, FCA, IP
2 Ms. Leena Aggarwal Deputy Director  B.COM, FCA, IP
3 CA. Manish K. Maheshwari CFO B.Com, CA
4 CA. Meenakshi Gupta CS & Compliance Officer B.Com, CA, LL.B


Webinar: "Common Issues During Monitoring & Inspection of IPs" on 19/01/2021 at 03:00 PM to 05:00 PM