
NALSAR University of Law, in collaboration with Indian Institute of Corporate Affairs, is hosting a CIRP Simulation Competition as part of the National Conclave on Insolvency and Bankruptcy Laws 2.0.
Key Details
• Dates: 11–12 April 2026
• Format: Simulation of the Corporate Insolvency Resolution Process (CIRP)
• Team Size: 2 participants
• Registration Fee: ₹5,000
• Deadline: 31 March 2026
About the Competition
This is a practice-oriented simulation replicating the entire CIRP lifecycle under the IBC, including:
• Compliance and procedural aspects
• Strategic resolution planning
• Advocacy before simulated NCLT and Committee of Creditors (CoC)
Who Can Participate
• Law, Finance, Management, and Economics students
• Those interested in IBC, restructuring, and insolvency practice
What You’ll Gain
• Hands-on exposure to IBC processes and strategy
• Experience in simulated tribunal and CoC proceedings
• Practical understanding of distressed asset resolution
• Networking with peers and professionals
Prizes & Perks
• Cash prizes up to ₹75,000
• Internship opportunities
• Additional ₹25,000 prize contribution by Insolvency Law Academy
Sponsors & Partners
• Title Partner: Lakshmikumaran and Sridharan
• Knowledge Partner: Incorp Restructuring Services LLP
• Media Partner: Manupatra
• Outreach: IBC Laws, Lawctopus, LawBhoomi, CaseMine
How to Apply
Register via the official Google Form (link in brochure/post).
Deadline to Apply: 31st March 2026
This is one of the few competitions that actually simulates real IBC practice, making it highly valuable if you’re targeting insolvency, restructuring, or corporate law roles.