Research chairs

ILA Research Centre is envisioned as an independent institutional effort to provide research and policy support; prepare the foreground for addressing the next generation reforms, and assist the government and regulators in making evidence based policy choices, legislative changes and their implementation, while developing market standards and capacity.Chairs or Senior Research Fellowship are being established under ILA Research Centre with the support of stakeholders and in cooperation with like-minded institutions, corporations and firms.

01

Next Generation
Reforms

The Corona virus pandemic (Covid-19) is the defining global crisis of our time and the greatest global humanitarian challenge that the world has faced since World War II. Along with …

02

Pre-Insolvency and Preventive Insolvency Processes

Following the fall of Lehman Brothers and the ensuing financial crisis, the world has witnessed a proliferation of various ‘light touch’ financial restructuring techniques in the form …

03

Personal Insolvency

Micro, small and medium enterprises (MSMEs) are the main engines driving employment, economic growth, and entrepreneurship in India. The sector …

04

Cross Border Insolvency

When enacted the cross-border insolvency law based on UNCITRAL Model Law on Cross Border Insolvency will give India another jump in the global insolvency rankings …

05

Impact Assessment

The insolvency and Bankruptcy Code was operationalised in the year 2016. It has triggered a systemic response to the underlying attitudinal problems in the  …

FORUMS

Insolvency Scholars Forum

Academic knowledge, evidence and expertise can help inform, design, improve and test policy-and ultimately make government policy better. Deep research can bring together evidence to support policy makers in achieving real-world outcomes. This includes the development and use of a sound evidence base such as peer- reviewed literatures, or even better, systematic reviews.

Stressed Assets Stakeholders Forum

To deal with the problem of non-performing assets (NPA) effectivelTo deal with the problem of non-performing assets (NPA) effectively, one of the many strategies is to develop a market for distressed assets. The stressed assets present opportunities for investors to purchase operational and good quality underlying assets at attractive…

JUSTICE D.P. WADHWA INSOLVENCY RESOURCE CENTRE AND ARCHIVE

Insolvency Law Academy’s Resource Centre and Archive is dedicated to Shri Justice D.P. Wadhwa, Hon’ble former Judge, Supreme Court of India, in recognition of his role in the development of insolvency industry in India.

 The Resource Centre and Archive is a digital and freely accessible resource -comprises of comprehensive collection and collation of insolvency and related legislations, regulations from jurisdictions around the world; important court decisions; a selection of reports, publications and articles; books on insolvency, bankruptcy and related subjects and other online resources on insolvency, bankruptcy and turnaround. A physical space is planned for the Resource Centre and Archive when hard infrastructure of ILA is established.

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03

OTHER RESOURCES

Micro, small and medium enterprises (MSMEs) are the main engines driving employment, economic growth, and entrepreneurship in India. The sector …

School for Advanced Insolvency Studies

The School of Advances Insolvency Studies has been established to offer sophistic and next-level knowledge development programmes to the key stakeholders’ leadership.  The knowledge development programmes shall be delivered primarily through Master Classes.

arun jaitley MEDIATION centre

The Insolvency Law Academy and Shri Arun Jaitley Foundation have agreed to jointly establish Arun Jaitley Mediation Centre – the first of its kind, an independent mediation centre to facilitate resolution of disputes by use of mediation in the insolvency spectrum. Besides offering mediation services, the proposed international mediation centre will also serve as an advocacy body to promote mediation and develop a formidable cadre of mediators by training qualified professionals.

insolvency law academy interNational Short Story (Insolvency and Bankruptcy) Contest-2024

Insolvency Law Academy announces the 3rd Edition of ILA International Short Story (Insolvency and Bankruptcy) Contest, under the Emerging Scholars Group (ESG).

By way of this Contest, ILA-ESG have invited short stories from the public on corporate insolvency and bankruptcy topics.

The best short story, to be selected by a jury of international experts, shall be awarded the “ILA Best Short Story Award 2024”. The award comprises of a plaque and INR 1,00,000 (approximate US$1200). The authors of the three top scoring stories will be invited to the ILA Annual Conference to be held in Alwar, India from 14th to 16th March, 2025. Registration fees for their attendance will be waived. The submissions are required to be made in accordance with the Guidelines for Participation and Submissions.

call for papers - 2024

The Emerging Scholars Group (ESG) is pleased to announce the hosting of its 2nd meeting. The ESG meeting and the Insolvency Scholars Forum will convene in Alwar, Rajasthan (India) from 14th–16th March 2025. This 2nd ESG meeting aims to provide a forum for emerging scholars to present their research to their peers and to experienced scholars. We are particularly interested in submissions in the following areas:

  • Sustainability in insolvency procedures
  • Insolvency reforms in emerging market and developing economies (EMDEs)
  • Cross-border insolvency
  • Financial institutions in distress
We are happy to consider contributions on other allied topics, like pre-insolvency procedures, MSEs in distress, household debt, digital assets tracing in cross border insolvency, etc

About Us

Insolvency Law Academy is an independent think tank contributing to robust policy making and enhancement of standards in the insolvency industry through cutting-edge research, innovation and development of best practices through various initiatives. ILA is developing a community in pursuit of education, research and scholarship in the field of insolvency in India.

ILA is a unit of Sumant Batra, Insolvency Law Academy, a public charitable trust registered under the Indian Trusts Act, 1882. The registered office of the Trust is 266/1, Goltim, Divar, Goa – 403 403. 

 

Founder

Sumant Batra

Insolvency Lawyer
International Fellow, American College of Bankruptcy
Former President, INSOL International

Global Advisory Board

Hon’ble Mr. Justice A. K. Sikri (Chairman)

International Judge,
Singapore International Commercial Court Former Judge,
Supreme Court of India

Prof. Dr. Bob Wessels

Professor Emeritus University of Leiden,
Leiden Law School, The Netherlands
Expert advisor to the European Commission of the EU

An Emeritus Professor of Law, Dr. Bob Wessels is an expert advisor to the European Commission of the EU regarding matters of Bank and (International) Corporate Restructuring and Insolvency. He is also the Chairman of the Conference of European Restructuring and Insolvency Law (CERIL, independent legal think tank), and a Mediator at the INSOL International College of Mediation.

About Us

Insolvency Law Academy is an independent think tank contributing to robust policy making and enhancement of standards in the insolvency industry through cutting-edge research, innovation and development of best practices through various initiatives. ILA is developing a community in pursuit of education, research and scholarship in the field of insolvency in India.

ILA is a unit of Sumant Batra, Insolvency Law Academy, a public charitable trust registered under the Indian Trusts Act, 1882. The registered office of the Trust is 266/1, Goltim, Divar, Goa – 403403. 

 

Global Advisory Board

JUSTICE A. K. SIKRI (Chairman)

International Judge,
Singapore International Commercial Court;
Former Judge, Supreme Court of India

⁠Scott Atkins

Immediate Past President, INSOL International;
Chairman, Norton Rose Fulbright,
Australia

AJITH NIVARD CABRAAL

Former Governor,
Central Bank of Sri Lanka, Sri Lanka

Meet our team

Founder

Sumant Batra

Insolvency Lawyer, Founder, Insolvency Law Academy

Core Team

Vaidehi Gulati

Research Associate

mayank batra

Research Associate

Projects Team

Insolvency Scholars Forum Steering Committee

Dr. Neeti Shikha, Chair

Prof. WAN Wai Yee, Co-chair

ARCHIVE

Non-governmental archives are an indispensable complement to public archives. With the records they store, protect and preserve, they represent nations memory.

Coming Soon

Events

Quality Standards

Quality Standards

Quality Standards

FOCUS AREAS

I got pulled into restructuring practice at the age of 28, thanks to ICICI Bank Limited, then ICICI. My exposure to insolvency systems outside of India began in 1997, when the Late Shri Arun Jaitley, the then Minister of Law and Justice of the Government of India, invited me to join INSOL India as its founding secretary. One thing led to another, and soon, I was selected by INSOL International to serve as a nominee director on its Board. I had the distinction of serving on the INSOL International Board for 10 years, including as its Vice President and President (as the youngest and the first Asian to head the organisation).

Testimonials

    Location

    5 Mathura Road, Jangpura-A,
    New Delhi – 110014

    INFORMATION