Limited Insolvency Examination - Syllabus w.e.f 1st March 2022

Last updated: 02 December 2021

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The Insolvency and Bankruptcy Board of India has released the updated syllabus for the Limited Insolvency Examination, effective from 1st March 2022. The syllabus covers various aspects of the Insolvency and Bankruptcy Code, business laws, general laws, finance, and case studies. The examination is conducted online, with multiple-choice questions, and candidates can choose their preferred date, time, and centre. A fee of Rs. 1770 is applicable for enrolment.

Insolvency and Bankruptcy Board of India (Press Release) No. IBBI/PR/2021/33 30thNovember 2021 Limited Insolvency Examinationw.e.f1stMarch 2022 The Insolvency and Bankruptcy Board of India hereby publishes the syllabus and details of the Limited Insolvency Examination (Examination) under regulation 3 (3) of theInsolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016for the examination to be conducted from 1stMarch 2022. I. Syllabus for Examination

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FAQ :

The new syllabus for the Limited Insolvency Examination is effective from 1st March 2022.

The syllabus includes The Insolvency and Bankruptcy Code, 2016, related rules and regulations, Business Laws (Companies Act, Partnership Act, Contract Act, Sale of Goods Act), General Laws (Negotiable Instruments Act, CPC, PMLA, etc.), Finance and Accounts, General Awareness, and Case Laws/Case Studies.

The examination is conducted online as a computer-based test in a proctored environment, with objective multiple-choice questions.

Yes, candidates can choose the time, date, and examination centre of their choice for taking the examination.

A candidate needs to secure 60% of the marks for passing the examination.

No, neither workbooks, study material, nor electronic devices including mobile phones and smart watches are allowed or provided during the examination.

Notification No : IBBI/PR/2021/33
Source : https://ibbi.gov.in//uploads/press/4a516765a9e826b156d77df5bbec5976.pdf

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