2nd GNLU National Mock-CIRP Competition 2025

The GNLU Centre for Corporate and Insolvency Law (GCCIL), in collaboration with the Insolvency Law Academy (ILA) and the Insolvency and Bankruptcy Board of India (IBBI), is proud to announce the 2nd GNLU Mock-CIRP Competition 2025 from March 6–8, 2025. This premier event provides a unique platform for law students and professionals to engage in a simulated Corporate Insolvency Resolution Process (CIRP). Participants will enhance their understanding of insolvency law while showcasing their problem-solving and analytical skills.

About IBBI

The Insolvency and Bankruptcy Board of India (IBBI) is the cornerstone of India’s insolvency framework, established under the Insolvency and Bankruptcy Code, 2016 (IBC). With the goal of balancing the interests of all stakeholders, IBBI has transformed how insolvency cases are resolved in India, offering transparency and efficiency to the process. IBBI’s role Its helps in enabling a predictable and structured resolution process has significantly improved India’s ranking in the Ease of Doing Business Index. It facilitates faster resolution of insolvency cases, unlocking value for creditors while preserving businesses.

Why Attend 2nd GNLU Mock-CIRP Competition 2025?

  • Exciting Cash Prizes: With a total prize pool of INR 70,000, top-performing teams and individuals stand to win:
    • Best Team: INR 25,000
    • Runners-up: INR 20,000
    • Best Resolution Professional (RP) & Interim RP: INR 10,000 each
    • Best CIRP Dossier & Resolution Plan: INR 5,000
  • Prestigious Internship Opportunities: Successful participants can secure internships with esteemed organizations such as ILA, IBBI, JSA, AZB, and Acuity Law.
  • Exclusive Access: The winning team member will receive an invite to the 3rd Annual ILA Conference at Tijara Fort Palace, Alwar, Rajasthan, scheduled for March 14–16, 2025.

Important Dates:

  • Registration Deadline: January 31, 2025
  • Problem Release: February 5, 2025
  • CIRP Dossier Submission: March 1, 2025

Don’t miss this opportunity to learn, compete, and network with industry leaders. click here for the brochure

click here for registration

For inquiries, contact mockcirp.gccil@gnlu.ac.in or reach out to the student convenors during specified hours.

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Debtfrie is Urgently Hiring Assessment Interns – Launch Your Legal Career!

Debtfrie is Hiring Assessment Interns – Join Our Legal Team in Noida!

Are you a final-year law student or a recent law graduate from the 2023-24 batch? Are you looking for an opportunity to gain real-world experience in debt settlement, arbitration, and DRT (Debt Recovery Tribunal)? If so, Debtfrie is hiring assessment interns to join its legal team in Noida, Sector-2. This is a fantastic opportunity for aspiring legal professionals to gain hands-on experience in legal negotiations, client handling, legal research, and drafting.

Read on to find out more about the role, responsibilities, benefits, and how you can apply.

Vacancy Details

  • Number of Slots: 10-12
  • Location: Noida, Sector-2
  • Joining Date: January onwards
  • Preferred Mode: Physical relocation is required (physical interviewees will be preferred)

Who Can Apply?

To be eligible for this opportunity, candidates must meet the following qualifications:

Final-year law students or recent graduates (2023-24 batch)
Must be willing to relocate to Noida for in-office work

If you meet these criteria and are eager to gain valuable legal experience, this internship is for you!

Key Responsibilities

As an Assessment Intern at Debtfrie, you will be responsible for the following:

Client Handling

  • Communicate with clients, understand their legal concerns, and provide guidance.
  • Manage case updates and ensure clients stay informed.

Legal Negotiations

  • Negotiate settlements between debtors and creditors.
  • Work to resolve financial disputes while protecting client interests.

Legal Drafting

  • Draft and review debt settlement agreements, legal notices, and arbitration documents.
  • Ensure compliance with debt recovery laws and regulations.

Legal Research

  • Conduct in-depth research on debt laws, arbitration rules, and financial regulations.
  • Stay updated on industry trends and legal developments in the debt recovery sector.

Performance Evaluation & Growth

  • Effective case handling and client satisfaction will be key evaluation criteria.
  • High-performing interns may be offered permanent employment with growth opportunities.

Why Join Debtfrie?

Debtfrie provides real-world legal experience in the financial and arbitration sector. As an intern, you will gain hands-on exposure to legal practice while working with industry experts.

Here’s what you’ll get:

Stipend: ₹5,000 per month during the internship.
Potential Permanent Employment: Interns who excel may be retained for full-time roles.
Practical Legal Experience: Learn how debt recovery, arbitration, and financial negotiations work in the real world.
Career Growth: Opportunity to grow within the company based on your performance.

How to Apply?

If you’re interested in this opportunity, follow the steps below:

For Physical Interviews (Preferred Mode):

  • Message us on +91 92669 90923
  • Send your resume, and we will schedule an interview at our Noida office.

For Online Interviews:

Don’t miss this chance to kickstart your legal career with Debtfrie!

If you’re a dedicated law student looking for a stepping stone into legal practice, this is your chance to gain invaluable experience. Apply now and take your first step toward a successful legal career!


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