IBBI Limited Insolvency study materials
IBBI Limited Insolvency study resources

IBBI Limited Insolvency exam-day guide

IBBI Limited Insolvency · Prepare for the day ahead.

Your checklist

Admit card / hall ticket printout

Download the admit card or hall ticket from the portal once released and carry a printed copy. Keep a soft copy on your phone as backup. If the release date or download process is unclear, confirm with the provider.

Original photo ID matching the application

Carry the original government photo ID (such as Aadhaar, PAN, passport, or driving licence) whose details match your application exactly. Do not rely on photocopies or expired documents. Confirm the exact list of accepted IDs with the provider.

Passport-size photographs

Keep two recent passport-size photographs in the same specification used for the application, in case the invigilator asks for one. Confirm with the provider whether photographs are required at the centre.

Confirmation of test centre, slot, and reporting time

Re-check the centre address, reporting time, and session on the admit card a day before. Plan the route and account for security and registration time before the gate closes.

Transparent water bottle and permitted personal items

Carry only items the centre permits. Many centres restrict bags, watches, and electronics; confirm the permitted-items list with the provider before travelling.

Study the exam pattern and marking scheme

Know the number of questions, duration, and whether there is negative marking before exam day. Confirm the current pattern and marking scheme with the provider, as these can change between sessions.

Revise core statutory areas

Focus revision on the Insolvency and Bankruptcy Code, regulations and rules, and the professional-conduct requirements for insolvency professionals. Use your own summary notes rather than new material.

Practice timed mock questions

Attempt at least one or two full-length timed practice sets in the final days to calibrate pace. Review errors and note recurring weak topics.

Plan for ID and biometric verification

Arrive early enough for identity checks, photographs, or biometric capture at the centre. Confirm the reporting time and any verification steps with the provider.

Arrange travel and stay

If the centre is far from home, book travel and accommodation in advance and keep buffer time for delays. Carry the booking confirmations.

Read the test-day instructions

Read the instructions sent by the provider, including prohibited items, dress code, and conduct rules. Confirm anything unclear with the provider rather than guessing.

Keep emergency contacts and documents together

Keep the admit card, ID, photographs, and provider contact details in one folder. Note the helpline number in case of problems on the day.

Plan the day

Final 72 hours

Stop adding new material. Revise your own summary notes on the Insolvency and Bankruptcy Code, key regulations, and professional-conduct rules. Attempt one or two timed practice sets and review errors. Confirm the centre address, reporting time, and travel plan. Prepare the admit card, ID, and photographs in one folder.

Final 24 hours

Do a light revision of high-yield topics and formulas or thresholds you tend to forget. Re-check the admit card details against your ID. Charge your phone, set alarms, and pack the folder. Sleep early; avoid last-minute cramming that reduces alertness.

Morning of the test

Eat a proper meal, carry the admit card and original ID, and leave with buffer time for traffic. Reach the centre before the reporting time to complete verification without stress. Keep only permitted items with you and follow invigilator instructions.

During the test

Read the on-screen instructions and confirm the question count and marking scheme. Do a quick first pass answering questions you know, flag uncertain ones, and return to them. Watch the clock and keep time for review. Use the on-screen calculator or rough sheets only if the centre provides them, and confirm permitted aids with the invigilator.

Rules to check

  • Carry the original photo ID and admit card; entry may be refused without them. Confirm the accepted ID list and admit card requirements with the provider.

  • Follow all invigilator instructions on seating, verification, and permitted items. Do not carry prohibited electronics, notes, or unauthorised material into the test hall.

  • Do not communicate with other candidates during the test. Any attempt to access unauthorised material or devices may lead to disqualification; confirm the exact consequences with the provider.

  • Breaks are generally not permitted during the test, so plan hydration and restroom visits before you start. Confirm the break policy with the provider.

  • Understand the scoring rules before you begin. Confirm whether there is negative marking and how questions are weighted with the provider, and pace yourself accordingly.

  • If a technical problem occurs, raise it with the invigilator immediately and do not attempt to fix the system yourself. Ask how the issue will be recorded.

  • Keep your admit card and ID with you until you leave the centre, and collect any belongings only after the test ends as instructed.

  • Do not discuss or share question content after the test. Follow the provider's confidentiality and conduct requirements.