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.
