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NALSAR UNIVERSITY OF LAW

Accredited in 'A++' grade with a score of 3.52 on a four point scale by NAAC in Cycle 2

National Conclave on Insolvency and Bankruptcy Laws (NCIBL) 2.0

CIRP Simulation Competition 2026

Registrations are now open for the CIRP Simulation Competition 2026, organised by the LL.M. (Insolvency and Bankruptcy Laws) Batch of 2025–27 at NALSAR University of Law, Hyderabad, as part of the National Conclave on Insolvency & Bankruptcy Laws (NCIBL) 2.0.

This competition offers a unique experiential platform for students to engage with the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.

About the Competition

The CIRP Simulation Competition is designed to provide participants with a practical, immersive experience of insolvency proceedings.

Participants will go through the entire lifecycle of CIRP, including:

  • Drafting and submission rounds
  • Presentations before simulated Committee of Creditors (CoC)
  • Hearings before a simulated National Company Law Tribunal (NCLT) Bench

The competition closely replicates real-world insolvency proceedings, enhancing both legal and strategic understanding.

Prize Money

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

Competition Dates

11–12 April 2026
NALSAR University of Law, Hyderabad

Important Dates

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

Eligibility Criteria

The competition is open to students pursuing:

  • 3-year or 5-year LL.B. programmes
  • LL.M. programmes
  • Undergraduate or Postgraduate programmes in Finance, Management, Economics, or allied disciplines

Team Composition

Each team must consist of two members, taking on the roles of:

  • Interim Resolution Professional (IRP) / Resolution Professional (RP)
  • Resolution Applicant (RA)

Registration Details

  • Early Bird Fee: ₹4,000 per team (till 25 March 2026)
  • Regular Fee: ₹5,000 per team

Register Here -  https://docs.google.com/forms/d/e/1FAIpQLSfi4HYNS2GZyqImPdtcTCbaAnk6nlYzk_FDk7gdAltJPORbJw/viewform

Download Brochure - Click here 

Contact Information

For any queries, please reach out to:

ncibl2026@nalsar.ac.in

Contact Numbers:   +91 8008005676: +91 9300988653

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