How to Pass Limited Insolvency Examination

Abstract

The Insolvency and Bankruptcy Code, 2016 was implemented with the object of optimising the values for all the stakeholders involved. The successful implementation of the Code is dependent majorly on the four pillars prescribed by it, namely, the Insolvency and Bankruptcy Board of India (IBBI), the Adjudicating Authorities, the Information Utility (IU) and the Insolvency Professional Agency (IPA) and its member professionals i.e. the Insolvency Professionals (IP) or Insolvency Professional Entities (IPE). To register as IP, a professional has to clear the Limited Insolvency Examination, designed by the IBBI. This write up majorly focuses on the syllabus of the exams and how to prepare for the same.