IBBI Securities & Financial Assets case studies
IBBI Securities & Financial Assets · Put your knowledge to work in context.
The Limited Insolvency Examination (LIE) is the qualifying examination administered under the framework of the Insolvency and Bankruptcy Board of India (IBBI), the statutory regulator established under the Insolvency and Bankruptcy Code, 2016. The exam is intended for professionals who wish to demonstrate command of India's insolvency regime - typically candidates working toward registration as insolvency professionals, and practitioners such as chartered accountants, company secretaries, cost accountants, lawyers and management graduates who advise on or participate in insolvency proceedings. The IBBI Securities & Financial Assets case studies are 5 cases and about 2,509 words.
1Debenture trustee, moratorium and a split bondholder class
Kaveri Auto Components Ltd, a listed manufacturing company that is not a financial service provider, defaulted on ₹500 crore of secured non-convertible debentures. holds, for the debenture holders, a registered charge over a demat account holding 1.2 crore shares of Kaveri’s subsidiary and over a plant.
570 words, about 3 min2Section 29A: promoter, PE fund and a cured NPA
Nova Retail Ltd, a listed company, entered CIRP on 1 May 2025. Three resolution applicants emerge.
489 words, about 2 min3Avoidance review over securities transfers and a post-moratorium repayment
Orion Chemicals Ltd entered CIRP on 1 April 2024 and liquidation commenced on 1 October 2025. The liquidator reviews four transactions.
498 words, about 2 min4Liquidation waterfall with relinquished and third-party security
Meridian Textiles Ltd is in liquidation; the liquidation commencement date is 1 November 2025. The liquidation estate contains listed shares of a subsidiary worth ₹12 crore, a plant worth ₹8 crore and cash of ₹2 crore.
512 words, about 3 min5Resolution plan, class voting and the dissenting debenture holder floor
Zenith Infra Ltd entered CIRP on 1 February 2025. Its CoC has Bank A with ₹60 crore, debenture holders with ₹30 crore represented by a trustee, and a foreign fund with ₹10 crore.
440 words, about 2 min