IBBI Limited Insolvency study guide

The Limited Insolvency Examination (LIE) is the examination administered through the Insolvency and Bankruptcy Board of India (IBBI), the statutory regulator set up under the Insolvency and Bankruptcy Code, 2016. IBBI lists the LIE on its website alongside the Valuation Examination under a dedicated "Examination" section, and in July 2026 it published a syllabus for the Limited Insolvency Examination with effect from 1 October 2026. The exam is aimed at professionals who need to demonstrate working command of India's insolvency framework - aspirants to registration as insolvency professionals, and practitioners such as chartered accountants, company secretaries, cost accountants, advocates and management graduates whose practice touches corporate insolvency resolution, liquidation, voluntary liquidation, pre-packaged insolvency resolution and personal guarantor processes. Because the syllabus is built on the Code and the regulations, circulars and notifications made under it, preparation has to be statute-first: read the Insolvency and Bankruptcy Code, 2016 and the IBBI regulations (corporate insolvency resolution, liquidation, voluntary liquidation, fast-track, pre-packaged, personal guarantors) alongside the latest amendment regulations and circulars published on the IBBI site, then practise applying timelines, thresholds and procedural steps to fact patterns rather than memorising prose. Topics on this exam: Insolvency and Bankruptcy Code, 2016 and related regulations (content domain not enumerated on the retrieved page). The IBBI Limited Insolvency study guide has 1 section and about 499 words.