National Corporate Liquidation Process Competition | RGNUL Punjab | Register Now!
National Corporate Liquidation Process Competition | RGNUL Punjab | Register Now!
About Organizers:
The Centre for Business Laws and Taxation (CBLT) at Rajiv Gandhi National University of Law (RGNUL), Punjab, through its Insolvency and Bankruptcy Law Division (IBLD), proudly announces the 1st RGNUL National Corporate Liquidation Process Competition.
This flagship initiative is designed to simulate the end-to-end corporate liquidation framework under the Insolvency and Bankruptcy Code, 2016. Unlike conventional moot courts, the competition adopts a process-driven format, requiring participants to act as Liquidators and engage with the commercial, procedural, and compliance realities of liquidation proceedings.
About the Competition:
- Organised by the Insolvency and Bankruptcy Law Division (IBLD) under CBLT.
- Focuses on bridging the gap between statutory frameworks and practical application.
- Provides hands-on exposure to:
- statutory reporting obligations,
- stakeholder management,
- valuation and asset realisation,
- distribution under the waterfall mechanism, and
- adjudicatory scrutiny before the NCLT.
Schedule:
- Written Submissions: January 24, 2026
- Mock Stakeholders’ Consultation Committee (Online): February 07, 2026
- Mock NCLT Hearing (In-Person): February 21, 2026
Structure:
- Written Submission Stage:
- Teams (two participants as Co-Liquidators) prepare:
- Preliminary Report (Regulation 13, IBBI Liquidation Process Regulations, 2016).
- Progress Report (Regulation 15 read with Regulation 36).
- Submissions confined strictly to liquidation issues, with reliance on judicial precedents up to January 24, 2025.
- Mock SCC Stage (Online):
- Teams defend their reports before a simulated Stakeholders’ Consultation Committee.
- Evaluation focuses on statutory compliance, stakeholder management, and practical reasoning.
- Mock NCLT Hearing (In-Person):
- Teams argue as Liquidator and Objecting Stakeholder before a simulated NCLT Bench.
- Focus on waterfall mechanism, priority of claims, valuation principles, and fairness of distribution.
Eligibility:
- Open to students enrolled in full-time Three-Year or Five-Year Undergraduate Law Programmes from recognised institutions.
Registration:
- Teams must submit the registration form and fee before the deadline.
- A Team Code will be allotted upon confirmation.
Evaluation Criteria (100 Marks):
- Legal accuracy & understanding – 20
- Application of statutory provisions – 20
- Strategy consistency – 10
- Stakeholder management – 20
- Advocacy & reasoning – 20
- Professionalism & teamwork – 10
Key Notes:
- Plagiarism or AI usage in submissions will lead to disqualification.
- Clarifications can be sought via email: cbltevents@rgnul.ac.in.
- Strict anonymity rules apply; teams must identify only through their allotted Team Code.
Contact Details:
E-mail: cbltevents@rgnul.ac.in
For More Information:
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