General Information

The Post Graduate Insolvency Programme (PGIP) is a two-year programme offered by National Law University Delhi (NLUD) in association with the Insolvency and Bankruptcy Board of India (IBBI).

1. the PGIP Certification, issued and authorised by the Insolvency and Bankruptcy Board of India (IBBI); and
2. a Master of Arts (MA) / Master of Laws (LL.M.) degree in Insolvency, awarded by National Law University Delhi (NLUD), subject to fulfilment of academic requirements.

Admission Process:

Admission to the programme is through the All India Entrance Test (AIET) conducted by National Law University Delhi.

Program Highlights:

• The PGIP provides a direct and structured pathway to pursue a career as an Insolvency Professional (IP) under the Insolvency and Bankruptcy Code (IBC) 2016.
• Under the applicable IBBI (Insolvency Professionals) Regulations, successful completion of the PGIP allows eligible candidates to appear for the insolvency professional examinations without the requirement of 10 or 15 years of prior professional experience.
• The programme integrates legal, financial, regulatory, and ethical training, preparing students for roles across the insolvency and restructuring ecosystem.

Post-Completion Benefits:

As per the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 (as amended), an individual is eligible to seek registration as an Insolvency Professional if they have:

"successfully completed the Post Graduate Insolvency Programme, as approved by the Board, subject to fulfilment of other applicable requirements."

Accordingly, upon successful completion of the PGIP and passing the Limited Insolvency Examination, eligible candidates may apply for registration as Insolvency Professionals without having to fulfil the earlier requirement of 10 years of professional experience, in accordance with IBBI regulations.