GIP Infrastructure

Graduate Insolvency Programme

The Graduate Insolvency Programme (GIP) is the first of its kind programme for those aspiring to take up the discipline of insolvency professional as a career or seeking to take up other roles in the value chain, in India and in foreign jurisdictions. A student who completes the GIP will be eligible for registration as insolvency professional under the Insolvency and Bankruptcy Code 2016, without having to wait to acquire the 10-year experience as required by the Code at present.

For those aspiring to become in-house counsels or serve as advisors to stakeholders in insolvency, liquidation, bankruptcy or turnaround process, the GIP will benefit at entry level and in career growth. The GIP will also be great value to those who elect to become academics or researchers or work in media houses.

An insolvency professional, serving as a licenced practitioner or in any other capacity, needs not only the domain knowledge but also a range of skills, multiple abilities and extra-ordinary qualities. It also needs a fair degree of appreciation of cultures, social and other factors surrounding an insolvency proceeding. An insolvency professional also has ethical and moral obligations. The GIP offers all that the market expects from a high-quality insolvency professional. A student can also start earning in the second year.

Recognised by the Insolvency and Bankruptcy Board of India and curated by a group comprising eminent economists, insolvency, financial, legal and other experts, GIP is designed to provide exposure to real-time situations and on-ground training. The programme offers opportunities to work with leading insolvency professionals and other stakeholders providing the graduates the skill and experience that will help them to take their career tot he next level and increase marketability to employers.

Advisory Board

Justice A.K. Sikri

Former Judge, Supreme Court of India (Chair)

Dr. K.V. Subramanian

Chief Economic Advisor, Government of India

Dr. Paul J. Omar

De Montfort University, UK

Shri Arvind P. Datar

Senior Advocate, Supreme Court of India

Mr. Scott Atkins

Norton Rose Fulbright, Australia

Dr. M.S. Sahoo

Chairperson, Insolvency and Bankruptcy Board of India (Permanent Invitee)

Dr. Sameer Sharma

Director General & CEO, IICA, (Permanent Invitee)

Shri Sumant Batra

Insolvency Expert (Hony. Course Director and Permanent Invitee)

Academic Council

Dr. S. Sharma

Director General & CEO,
Indian Institute of Corporate Affair

Mr. Parag Tripathi,

Senior Advocate, Supreme Court of India

Dr. Anuradha Guru

Chief General Manager
Insolvency and Bankruptcy Board of India

Mr. Abizer Diwanji

Partner and Head of Restructuring Practice Ernst & Young

Shri Vijay Kumar Iyer

Partner, Deloitte Touche Tohmatsu India LLP

Shri Ramji Srinivasan

Senior Advocate, Supreme Court of India

Ms. Mamta Binani

Former President
Indian Institute of Company Secretaries

Special Invitee

Dr. Neeti Shikha

Head, Centre for Insolvency & Bankruptcy
Indian Institute of Corporate Affairs (IICA)

Dr. Pyla Narayana Rao

Assistant Professor
School of Corporate Law
Indian Institute of Corporate Affairs (IICA)

Course Director

Sumant Batra

A Professor of Practice (Adjunct), Sumant Batra is an insolvency lawyer of international repute with over 20 years of experience as practitioner and senior international insolvency and creditors''' rights consultant to the World Bank Group, International Monetary Fund, OECD and other developmental institutions, he has worked extensively on policy matters in Africa, Eastern Europe, Middle East and South Asia.

He is the author of Corporate Insolvency - Law & Practice and has authored over 200 papers on insolvency and related subjects. He is President of SIPI - the think tank on Insolvency and is Director of Insolvency Research Foundation.

Insolvency Research Foundation

It is well recognized that an efficient insolvency law is vital to stability in financial systems and fundamental to economic growth and wealth creation. It is therefore crucial to continue to invest in the development of this law by studying its impact, and investigate its strengths and weaknesses on a regular basis. In advanced counties, academics play a very important role in supporting policy development, industry research and finding innovative solutions.

Insolvency Research Foundation (IRF) has been established by IICA, in partnership with SIPI, an insolvency think tank, as an independent research centre to serve public good and help in robust policy making based on deep research.

IRF also aims to develop a community in pursuit of scholarship in the field of insolvency. It will seek to strengthen the interaction between government and academics in public policy making. Its activities will lead to emergence of a cadre of scholars and a robust network of academics, scholars and jurists in the area of insolvency.

IRF will support the Centre for Insolvency and Bankruptcy and feed into the technical content of GIP the foundation will gather support from the corporate houses for its research and other academic activities through the Corporate Social Responsibility wing of such houses.

The first of its kind in the world, IRF strives to complement India's aspirations to climb up the Ease of Doing Business ranking.


Dr. Rahul Singh

Dr. Singh is currently (senior) Associate Professor of Law & Director of the Institute of Competition Law and Economics at the National Law School of India University, Bangalore (NLSIU).

Dr. Subhashish Gangopadhyay

Dr. Gangopadhyay is founder-director of India Development Foundation. PhD in Economics from Cornell University, Ithaca, New York, USA, he has been taught at some leading insitutes such as Indian Statistical Institute, ISB Hyderabad.

Shri Sumant Batra

Sumant Batra is course director for the GIP. He is President, Society of Insolvency Practitioners of India, Chief Mentor, INSOL India and is also Chairman, ASSOCHAM National Council of Insolvency & Bankruptcy.

Shri Abizer Diwanji

Abizer Diwanji is EY India Financial Services and Restructuring Leader Experienced financial services and restructuring advisor. He is also member of governments or regulators committees to help implement change.

Shri Vijay Iyer

Vijay Iyer has been with Deloitte for 25 years with over 15 years as an M&A specialist in the field of financial due diligence.

Shri Dinkar Venkatasubramanian

Dinkar Venkatasubramanian is a Restructuring Partner in India. With over 20 years of experience, he has been involved with Ernst & Young – India Restructuring since its inception.

Ms. Mamta Binani

Ms. Binani is the National Past President of the Institute of Company Secretaries of India (ICSI) for the year 2016 and she relinquished the office of President on 19 January, 2017. She is the second lady President of ICSI in the illustrious history of the Institute of 48 years.