The presence of research centres in numerous sectors is critical to a country’s progress. A research centre is a location used only for undertaking genuine and implemented research and experiments. The main purpose of a research centre is for advancing scholarly activity primarily through collaborative research, research training, research dissemination, or creative endeavors.

Today research is crucial, especially for evolving, creating awareness, better understanding of the weaknesses and the scope of improvement in the insolvency and bankruptcy laws in India. One of the most significant steps in achieving the goals, including as stated above, is to establish a formally structured research centre which provides an opportunity for carrying out unique quantitative, enquiry-based, impactful research.

ILA in collaboration with top national universities in India have established Regional Centres for conducting high quality research and training in frontier areas of modern legal complications and resolution insolvency and bankruptcy issues and facilitate the development of new research initiatives that cut across traditional disciplinary boundaries. It will also contribute and facilitate the interaction of various young scholars and experts in insolvency law and to understand the challenges so as to facilitate informed policy making and teaching.