Hyderabad: The Indian Institute of Corporate Affairs (IICA) in association with Hyderabad’s NALSAR University of Law, launched a new programme, LL.M in Insolvency and Bankruptcy Laws at New Delhi.

The first of its kind of programme in India was launched by Corporate Affairs Secretary Manoj Govil on Thursday.

Addressing the gathering, Govil said the main objective of the programme is to produce the best and tailor-made professionals, academicians and researchers on IBC who may take up the profession with utmost confidence and join the rich insolvency eco-system in the country.

The course covers all kinds of insolvency including both in IBC and allied legislations, he added.

The course offered is a two-year full-time LL.M. Degree Residential Course, with 51 credits arranged over four semesters, equally divided between the two campuses of IICA and NALSAR.

The intense academic activity during each semester will be for at least 24 weeks of teaching, research, practical assignments, and seminar presentations focusing on the subjects offered, in and outside the classroom, and will also include four distinct periods of mandatory internship component with industry.

NALSAR Vice Chancellor Prof Shrikrishna Deva Rao said both NALSAR and IICA would go a long way to get associated in many areas like research, teaching and offering many more such courses in future.

He assured NALSAR would like to associate with IICA for all academic programmes in relation to corporate and commercial laws.

Initially, the course will have a total of 60 seats.

The registration process for the course would start on 8th June 2023 and end on 31st July 2023.

The classes would commence on 5th October 2023 at the NALSAR campus. Selection would be both through the CLAT scores and a written examinations-cum-interview process, with each stream contributing 30 students.

Students can apply online at www.nalsar.ac.in till 31st July 2023.