The CIRP Simulation Competition 2026, organised at NALSAR University of Law, Hyderabad in collaboration with the Indian Institute of Corporate Affairs (IICA), aims to bridge the gap between classroom learning and the real-world practice of insolvency and corporate restructuring.
Hosted as part of the National Conclave on Insolvency and Bankruptcy Laws (NCIBL) 2.0, the competition provides participants with a practical understanding of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.
About the Competition
The simulation replicates the entire lifecycle of a CIRP, allowing participants to engage with insolvency procedures in a practical and structured format.
Participating teams will:
• Assume roles as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs), and Resolution Applicants
• Develop and submit compliant Resolution Plans during the online stage
• Present their strategies before simulated Committees of Creditors (CoC) in qualifier rounds
• Argue the final stage before a simulated National Company Law Tribunal (NCLT) Bench on 11–12 April 2026
Why Partner With the Event
For law firms, asset reconstruction companies (ARCs), and financial institutions, the event provides a unique platform to engage with the next generation of insolvency professionals.
• Engage with Emerging Talent – Connect with students from leading law, finance, and management institutions
• Strengthen Brand Leadership – Demonstrate commitment to developing India’s insolvency ecosystem
• Gain Institutional Visibility – Associate with a premier legal institution and a national-level conclave
As India’s insolvency framework continues to evolve, the need for professionals with interdisciplinary expertise across law, finance, and corporate restructuring is growing rapidly.
Organisations interested in sponsorship or partnership opportunities are invited to connect to explore collaboration possibilities.
