The Indian Institute of Corporate Affairs (IICA) was established by the Ministry of Corporate Affairs (MCA) as a premier institution for corporate governance, policy research, and capacity building. Approved by the Planning Commission in 2007, IICA was envisioned as a world-class knowledge hub to support MCA in regulatory reforms, corporate governance, and investor education. IICA serves as a think tank for the government, providing policy inputs, research, and consultancy. It collaborates with global institutions like IIT Kharagpur, Yale University, and George Washington University, fostering innovation and best practices in corporate affairs. The institute also supports ICLS officer training, e-governance initiatives, and business solutions for corporates, SMEs, and startups. Designed as a self-sustainable model, IICA engages with stakeholders through its research centers, academic programs, and corporate training initiatives. It promotes ethical governance, entrepreneurship, and investor protection while enhancing India's corporate regulatory framework. With a knowledge-driven approach, IICA bridges the gap between government, industry, and academia, ensuring continuous evolution in corporate affairs, compliance, and economic governance.
The LL.M course offered by the National Academy of Legal Studies and Research (NALSAR University) and Indian Institute of Corporate Affairs (IICA) is first of its kind LL.M. Degree Programme in Insolvency and Bankruptcy Laws and Procedures Law in India. India has a huge, emerging sector for helping distressed and bankrupt companies come out of financial difficulty. But it faces a huge shortage of bankruptcy professionals who can oversee the process. As of 2023, the country had nearly 3000 insolvency professionals; however, the number of Insolvency Professionals and Insolvency Associates are very less considering the number of filings taking place every day at NCLT. On an average, one Insolvency Professional needs at least 20 associates to assist in big-ticket CIRP and Liquidation cases. Therefore, there is a serious need to produce good insolvency associates and ecosystem at mass level for providing the support to IPs, IPEs, Consultancies, Law Firms, ARCs and Academia. Therefore, the Master level course/ orientation in Insolvency and Bankruptcy Laws is the need of the hour. There is a vacuum in this area in the legal educational system in the country and this course seeks to fill up this vacuum.
Conference Date: 22 & 23 March, 2025
Details of the Competition- Samarthya is a competition designed to preempt insolvency and find suitable turnaround strategies to maintain the business as a going concern while aiming to restore its profitability. It aims to bridge the gap between theory and practice by challenging participants to develop strategies for a company at the brink of insolvency.
The Competition is open to students who are pursuing full-time 3-year or 5-year Undergraduate or Postgraduate programmes in Law and Undergraduate or Postgraduate programmes in Finance, Management, or Economics from any recognized university, college, or institution.
Each participating team will consist of three members. Once registered, a team may not alter its composition without the prior written consent of the Organisers, which will be granted at their sole discretion and upon providing a valid reason. While teams may include members from different universities, colleges, and institutions, it is mandatory that at least one member be a student currently pursuing law. Failure to comply with this requirement will lead to disqualification.
The panel discussions scheduled for 23rd March, 2025, are open to professionals and students in the field of Law, Finance, Management, and Economics, as well as academicians and researchers.
Conference Date: 22 & 23 March 2025
| Participants | Participation Fee (in INR including GST) |
|---|---|
| Students who are pursuing full-time 3-year or 5-year Undergraduate or Post-Graduate programme in Law and Undergraduate or Post-Graduate programme in Finance, Management, or Economics from any recognized university, college, or institution. | 1500/- (Students affiliated with NALSAR & IICA are exempt) Pay Now |
| Attendees (Audience for Final Round of the Competition and Panel Discussion on 23rd March, 2025) | 1000/- (Students affiliated with NALSAR & IICA are exempt) Pay Now |
* Registration fee is non-refundable.
REGISTRATION PROCESS
Step 1: Visit the IICA NCCRS Microsite - Begin by visiting the official microsite of the 1st edition of “Samarthya”- National Competition on Strategics Corporate Rescue Simulation, 2025 to initiate the registration process please click on Apply Now and then click Register Now to complete the registration process
Step 2: Choose Your Registration Type - Select your registration type based on the options provided, such as Professional or Student.
Step 3: Payment - Make payment on the basis of your registration type as per the instructions provided in the Payment Section. Please skip this step if you are a student at NALSAR or IICA student
Step 4: Complete the Registration Form - Fill in the required information on the registration form. This typically includes your full name, email address, designation, organization, contact information and proof of payment. Please note, students affiliated with the Indian Institute of Corporate Affairs and NALSAR University of Law are requested to upload the PDF of their ID Cards.
Step 5: Verify Your Details - Double-check the information you've provided to ensure accuracy.
Step 6: Confirmation Email - After successful payment, you will receive a confirmation email from the Organizing Committee.
Step 7: Access the Competition - On the day of the Competition, bring your confirmation email and a valid ID to the registration desk. You will receive your Competition kit.
Step 8: Enjoy the Competition - Once registered, you can access all conference sessions and networking events. Participate in discussions, connect with fellow attendees, and make the most of your Samarthya 2025 experience.
Note: Guidelines and Rules will be shared shortly, with the registered students.
For any query, email us at events.llmibl@iica.in or contact the following:
"...Contact Timing (via call): 11:00 A.M. to 01:00 P.M...."
