Simulation Competition | Insolvency & Bankruptcy Laws | NALSAR University of Law | Hyderabad | Register by 31st March 2026

Simulation Competition | Insolvency & Bankruptcy Laws | NALSAR University of Law | Hyderabad | Register by 31st March 2026

CIRP Simulation Competition 2026:

Under the National Conclave on Insolvency & Bankruptcy Laws 2.0
Organised by NALSAR University of Law, Hyderabad in collaboration with the Indian Institute of Corporate Affairs (IICA)

About the Competition:

The CIRP Simulation Competition 2026 is a pioneering student-driven initiative hosted by the LL.M. (IBL) Batch of 2025–27 at NALSAR. It offers participants a unique opportunity to simulate the full lifecycle of a Corporate Insolvency Resolution Process (CIRP), requiring statutory precision, strategic acumen, and persuasive advocacy before simulated NCLT and Committee of Creditors (CoC) panels.

With India’s insolvency ecosystem rapidly expanding and facing a shortage of bankruptcy professionals, this competition provides law, finance, management, and economics students a platform for meaningful engagement with real-world CIRP practice.

Team Structure:

• Team Size: 2 members (same institution; cross-institutional teams allowed)
• Roles:
  • Team Member 1: Interim Resolution Professional (IRP) & Resolution Professional (RP)
  • Team Member 2: Resolution Applicant (RA)

Prizes:

• Winning Team: ₹50,000
• Runner-Up Team: ₹30,000

Competition Format:

Stage I – Online

• Mandatory submission of Resolution Plan prior to on-campus rounds
• Evaluated on CIRP sequencing, compliance, and analytical clarity
• Must comply with IBC and CIRP Regulations

Stage II – Day 1 (11th April 2026)

• Inaugural session & orientation
• Qualifier rounds before judges as Committee of Creditors
• Semi-finalists announced by end of day

Stage III – Day 2 (12th April 2026)

• Semi-final rounds
• Final round before a simulated NCLT Bench
• Valedictory ceremony & prize distribution

Important Dates:

• 25 March 2026: Early Bird Registration Deadline
• 31 March 2026: Regular Registration Deadline
• 2 April 2026: Release of Problem Statement
• 5 April 2026: Last Date for Clarifications
• 9 April 2026: Submission Deadline
• 11–12 April 2026: Competition Days at NALSAR, Hyderabad

Eligibility:

• Students pursuing 3-year or 5-year LL.B. from BCI-recognised universities
• Students enrolled in LL.M. programmes from UGC-accredited universities
• Undergraduate or postgraduate students in Finance, Management, Economics, or allied disciplines

Registration Details:

• Early Bird Fee: ₹4,000 per team (Deadline: 25 March 2026)
• Regular Fee: ₹5,000 per team (Deadline: 31 March 2026)
• Includes: Competition kit, meals & refreshments, participation certificates, and shared accommodation (subject to availability)

Registration Link:

UPI ID for Payment: 702729448@indianbk

Contact Details:

• Naimisa Madduri – Core Committee Member | +91 8008005676
• Madhav Sharma – Core Committee Member | +91 7042124878
• Email: ncibl2026@nalsar.ac.in

Venue: NALSAR University of Law, Justice City, Shamirpet, Hyderabad – 500101, Telangana

For More Information:

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