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Partners in
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Governance,
Transformation.
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Corporate Relations and Placement Committee 33

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 The Post Graduate Insolvency Programme (PGIP) is a globally unparalleled programme for those
aspiring to make a career in the discipline of special situations, turnaround, restructuring and
insolvency in India and foreign jurisdictions.

Initially, under the Insolvency and Bankruptcy Code, 2016 (Code) only professionals having 10-15 years
of experience could enrol themselves as Insolvency Professionals. As the Code developed by leaps and
bounds, there was a demand for a cadre of top-quality insolvency experts who could deliver world-class
services as resolution professionals, liquidators or in other capacities in the Indian insolvency
ecosystem. This marked the inception of PGIP.

PGIP is a two-year, full-time residential course offered by the Indian Institute of Corporate Affairs. Under
the able guidance of renowned faculty and industry experts, the programme aims to cater to the
growing demand for turnaround and Insolvency professionals who are well-equipped with business
acumen, domain knowledge and leadership skills. The programme is recognized by the Insolvency and
Bankruptcy Board of India and is curated by a group comprising eminent economists and experts in
insolvency, finance and law. PGIP is an initiative designed to cater for the needs of the market by training
professionals to provide a 360-degree view of the stressed asset sector along with an understanding of
its social, cultural and practical dimensions. The programme offers opportunities to work with
prominent stakeholders in the stressed asset ecosystem; providing the graduates with the skills and
experience to start on the path to become tomorrow's industry leaders.

The Indian Institute of Corporate Affairs established by the Ministry of Corporate Affairs (MCA),
Government of India, is a think tank which supports the initiatives of the Ministry on all matters relating
to corporate regulation and governance. Key activities carried out by IICA include induction and in-
service training to Indian Corporate Law Service (ICLS) officers, capacity-building and training
programmes, public policy advisory functions, public outreach and stakeholder consultations through
seminars, conferences and forums. In particular, anticipating corporate needs for better ease of doing
business, reviewing corporate laws to meet the challenges of an ever-evolving business environment,
exploring new paradigms such as investor education, and periodic review of corporate governance
norms and best practices are some of the more recent, prominent initiatives spearheaded by the
institute. IICA imparts knowledge and training through its network of schools and centres.

01 www.iica.nic.in
 MESSAGE

The Indian Institute of Corporate Affairs (IICA), under the aegis of the Ministry of Corporate Affairs (MCA),
has instituted a legacy of pioneering excellence in the field of insolvency and bankruptcy laws;
establishing itself as one of the leading think-tanks in the country. This has achieved fruition through its
persistent emphasis across all functional domains: from a robust academic vigour to meticulous
research on contemporaneous areas and themes touching across legal, economic, sociological,
financial, corporate consultancy; imparting training to all possible beneficiaries amongst academics,
corporates and policy makers; and through participation in governmental and stakeholder initiatives.

As the first institution steering the Post Graduate Insolvency Programme (PGIP), the IICA has come a long
way in the past five years. Over this period, IICA has nurtured the Programme for the newly evolved
ecosystem and its stakeholders. Our focus has always been to motivate, inspire, and channel the
potential of our students, from diverse backgrounds; and ultimately make it possible for them to achieve
their full potential, in both personal and professional growth. The structural components of the
Programme delineated across the Preparatory, Specialisation, and the Traineeship levels have been
successful in training a young cadre of professionals in a competitive manner.

In the year 2023, the fifth batch of the PGIP, comprising fifty-two candidates with diverse backgrounds
such as law, engineering, accounting, management etc., were selected through a competitive All India
Examination process. With an eclectic cohort of academics, cultural, spiritual, and social awareness
engagements at the campus; the Institute ensures a holistic development of the student-professionals,
thus preparing them to excel in all walks of life, heading to be Insolvency Professionals of the future. The
current batch of professionals is the first to undergo a module on financial and debt restructuring
focusing on a turnaround. The candidates are trained by working professionals to deal with any situation
arising in the stressed asset resolution. The alumni who are thought leaders in the industry and the
luminary faculty have enabled our student-professionals to be well-informed insolvency professionals
in the making. One of the essential components of the Programme is the one–year long traineeship
enabling the candidates to work closely with industry leaders within stressed asset resolution.

I take this opportunity to express gratitude to our existing distinguished recruiters and also extend a
warm welcome to our new recruiters to explore the young fresh talent ready to take corporate rescue
and turnaround to higher levels. It gives me great pleasure to introduce the current fifth batch of student
professionals undergoing the PGIP, who are ready to take their positions of prominence in the corporate
world. They shall take their first step towards traineeships and will carry on the tradition of excellence in
their future endeavours.

Post Graduate Insolvency Programme - 2023 - 2025 02

 FOREWORD
Welcome to the Placement Season for PGIP Batch 2023-
2025. This is the fifth batch of special situations
professionals trained in insolvency law and restructuring
of businesses in general. The course trains young
graduates, mainly Lawyers, Engineers and Chartered
Accountants to be well versed in insolvency law as well as
train them in interpersonal skills to be able to deal with
various special situations requiring a structured financial
and operation solution.

India is at a cusp of a revolution where new business

models are evolving, and legacy business models and
consequently capital structures are going through
change. Navigating this change may require amends in
the capital structure, operating models and at times using
the Insolvency and Bankruptcy court to evolve a legacy
company to meet the current requirements. Our PGIP
students are trained in this field by professionals who
provide theoretical and practical insights to help these
professionals build new career options in the field of
insolvency, special situations, stressed assets and
operational turnaround.

The batch possesses diverse skills and, over the past nine
months at IICA, has worked through various situations to
develop into special situations professionals proficient in
law, finance and engineering aspects of a turnaround in
addition to retaining the legacy skills that they acquired
during their professional qualification. The Course helps
them build a new profession which is just about to emerge
to help India and the world deal with the revolution.

Our PGIP students have worked in various large

consulting and law firms specialising in special situations
on large IBC resolutions, financial restructuring
assignments and operations turnarounds including
distressed M&A deals in India and overseas. Some have
even managed internships in NCLT and NCLAT as part of
their well-rounded exposure to apply their acquired
knowledge to practical use.

I assure you that each of our student would be an asset to

your organisation and in turn would gain immensely with
what you have to offer.

Thank you

03 www.iica.nic.in
 MESSAGE

The Post Graduate Insolvency Programme is a flagship programme by the Insolvency and Bankruptcy
Board of India which has placed its trust in the Indian Institute of Corporate Affairs to steer the
Programme since 2019. The Post Graduate Insolvency Programme is one-of-a-kind programme not just
in India, but in the world. The Programme aims to train aspiring young professionals in the discipline of
insolvency professional who are equipped with business acumen, domain knowledge, and leadership
skills which enable them to seek a career as an insolvency professional or take up any other role in the
value chain in India and in foreign jurisdictions. The programme has received tremendous success in its
previous batches with interest from stakeholder from diverse industries like leading Consultancy firms,
Banks, Asset Reconstruction Companies, Law Firms, and IPEs among others.

The fifth batch of the programme which is currently undergoing their academic sessions are a
heterogeneous group of professionals with diverse backgrounds from across the country. This batch
has the advantage of an established alumni base who have proved themselves in the field and have
already achieved milestones in their careers. I am fully confident that our fifth batch is best placed to
serve the needs of the insolvency ecosystem through their professional acumen and domain
knowledge.

Post Graduate Insolvency Programme - 2023 - 2025 04

 Preparatory Phase – The First trimester in GIP provides a solid foundation building in a strong
knowledge base covering various aspects of law, economics, finance and accounting among others that
will enable them to adapt to changing conditions, including the dynamic insolvency and bankruptcy
regime in India. Moreover, the students will be able to appreciate and apply for the specialized courses in
insolvency and bankruptcy that follow this phase.

Specialization Phase – The Specialization subjects in the subsequent trimester would impart a deep
understanding of Code and its evolution, along with the legal framework within which insolvency
professionals are required to operate. Apart from a deep understanding of the Code, the students also
learn courses like financial restructuring, financial statement analysis, and distress assessment to help
them have a 360-degree view point that is required for a turnaround professional.

The programme has a unique long term internship phase where the students will gain exposure to real-
world problems and issues that perhaps are not found in textbooks. They will have hands-on
opportunities to work with equipment and technology that may not be available on campus. The
internship will help cultivate adaptability and creativity in a dynamic world, ease the transition from
being a student to entering the workforce, and increase self-confidence in the workplace while
developing an expanded network of associates and professionals.

The final trimester transforms the students into full-fledged industry-ready professionals, by providing a
platform to apply the unique blend of skills acquired by them to real-world applications. Students will
have sessions on Leadership, Problem Solving, Data Analysis, Consensus building and negotiation,
Communication skills, Writing Skills, Grooming / Persona / Gravitas, Dealing with Stakeholders, Ethics
and managing moral dilemmas by industry experts and eminent academicians.

April 2024
2023 - March 2025

2023 2024 2025

05 www.iica.nic.in
The Post Graduate Insolvency Programme offers an edge that is seldom found in any other professional
course. In the making of Insolvency Professionals of tomorrow, the students of the Programme have
been drawn from diversified professional backgrounds. This mix of professionals provides the students
with an opportunity in cross-domain learning. The students of the Programme possess an ever-growing
drive to learn and thrive. These students are highly motivated, have a thirst for knowledge and are eager
to learn not only from the Programme, but from each other as well. Being a fully residential course, peer
interaction and feedback plays an important part in this learning process. By choosing this Programme,
they have embarked upon an endeavour that was up until now deemed unattainable.

COURSE

Post Graduate Insolvency Programme - 2023 - 2025 06

 The 12-month internship program is one of the unique aspects about PGIP because:

● The students are well-versed with every facet of the course including legal and financial.

● The internship provides relevant exposure to the students to the live cases in the industry.

After spending three rigorous trimesters, the PGIP internship experience helps students to apply their
specialized courses in insolvency and bankruptcy that follow the Preparatory and Specialization phase
to real-world problems and add significant value to the firms they work with. Thus, the internship
becomes a crucial part in the course structure.

The 12-month internship, in accordance with the IBBI Guidelines, is the longest internship offered in
PGIP compared to the summer internships available in other postgraduate programs.

● It gives significant time to the students to build-up a professional relationship and submit to the
assessment of the recruiters.

● Each student is assigned a faculty from the institute as an academic mentor and the reporting
manager at the interning company becomes the industry mentor.

● It will not only help the industry with professionals well-versed in the Insolvency regime but also
offer the industry with turnaround professionals.

● It will provide the recruiters with a fair idea about the composition and quality of the students when
they approach for final placement.

● The internship carries weightage in total course credits and is closely monitored by both academic
and industry mentors.

● The Internship will also benefit the market by creating opportunities to recruit future employees,
giving employers the opportunity to evaluate prospective employees virtually risk free.

● The students are motivated to convert their endeavours during the internship to receive pre-
placement offers. The internship helps the students, and the recruiters smoothen the transition
from internship to final placement.

07 www.iica.nic.in
2023 - 2025

38 12 50

3 6 Manipur
6 1

Jharkhand
2
2

2
Chattisgarh
1
5

3 3

43 2 2 2 1

Lawyers Chartered Company Engineers MBA

Accountants Secretaries

Post Graduate Insolvency Programme - 2023 - 2025 08

 AADITYA SHUKLA

Aaditya Shukla is a BA. LL.B (Hons.) from Hidayatullah National Law

University, where he specialised in Corporate Reconstruction and
Trademark Law. Currently advancing his professional journey and
recognizing the practical aspects of the insolvency resolution practice,
he has expanded his skill set by undertaking online courses in Excel,
Data Modeling, Data Visualisation, and Valuation. Aaditya's internship
background encompasses cross-sector exposure in Trademark and
International Arbitration Laws, which has been across Boutique to Tier I
law firms.

AAYUSH GUPTA

Aayush Gupta is a Law graduate from Bennett University and is enrolled

with the Bar Council of Delhi. He has interned with Tier -I law firms such
as SAM & Co, Luthra and Luthra, Wadia Ghandy, and under some of the
Stalwart Senior Advocates Like Rajshekhar Rao, Ravi Sekhri, and Rajeev
Mehra. He has been an avid debater and possesses strong oratorship
skills. He is also a Financial and technical Analyst (Investor & Trader). He
enjoys working in a professional environment that is intellectually
challenging. He is pursuing his Master's In Dispute Resolution From O.P.
Jindal Global University. He is also pursuing CS Executive (Group 1
Cleared).

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ABHISHEK KEDIA

Abhishek Kedia is a Law graduate from Government Law College,

Mumbai. Prior to Law graduation, Abhishek did his B.Com (Hons.) from
St. Xavier's College, Kolkata. With over 9 months of experience in
working in an IPE as a Legal Associate, Abhishek specialises in IBC, C&A,
Commercial Laws and Taxation matters. During his tenure at IPE,
Abhishek handled various CIRP and Liquidation matters, with debts
ranging from Rs. 10 cr. to Rs. 500 Cr. With a comprehensive
understanding of distress management, Abhishek aspires to excel in
the field of corporate restructuring and turnaround ecosystems.

ANSH KESHARWANI

Ansh is a BBA. LL.B (Hons.) from Amity University Chhattisgarh. He deftly

balances academic excellence with practical experience. His passion for
Insolvency Law is evident through diverse internships, including
contributions to litigations and briefings at Suraksha Group and AAA
Insolvency. A dynamic individual, he has excelled in moot courts,
presented papers at international conferences, and demonstrated
leadership in various extracurricular activities. Ansh is eager to bring his
skills and enthusiasm to new challenges and collaborations.

ANUJ KAMAL

Anuj Kamal is a Law graduate from the Central University of South Bihar.
Having worked with seasoned Advocates post-qualification and as a
Legal Associate with QuisLex Legal Services Pvt. Ltd., he has gained
valuable experience in corporate and compliance matters. He has
further developed strong analytical, drafting, and research skills. Anuj is
a highly organized, dynamic, and adaptable individual with a strong
work ethic and embodies a dedicated pursuit of continuous growth and
expertise within the professional sphere.

BHAVNEET SINGH AHUJA

Bhavneet is a Law graduate from Punjabi University, Patiala and holds a

Master's degree in Business Law from Lovely Professional University,
Phagwara. He is enrolled with Bar Council of Punjab and Haryana, his
expertise covers the complexities of IBC 2016 and Companies Act 2013.
He is skilled in legal drafting and conducting thorough research, as well
as having a practical understanding of MS Word and Excel. Along with a
decent grasp of financial concepts, he possesses strong problem-
solving abilities and a desire to constantly learn, making him a valuable
asset ready for advancement and contributions.

Post Graduate Insolvency Programme - 2023 - 2025 10

 CHANDRADEEP KUMAR

Chandradeep Kumar is a Law graduate from Campus Law Centre,

University of Delhi. Mr Kumar possesses a Bachelor's in commerce from
the University of Delhi. He specializes in IBC, M&A, Commercial Law,
International Trade & Business Laws (PG Diploma in ITBL), Financial
Reporting and Corporate Governance. Mr Kumar has one year of
experience in civil and commercial litigation matters. He is proficient in
MS Office and legal research with robust analytical & problem-solving
skills.

GORANG MOUDGIL

Gorang, armed with an engineering foundation in Chemical Engg. from

UPES, Dehradun, and a Postgraduate Degree in Business
Administration from Indo-German Training Center, Mumbai, boasts a
unique blend of technical prowess and business insight crucial for
i n s t i g a t i n g re s o l u t i o n p ro c e s s e s . W i t h ov e r t w o y e a r s i n
pharmaceuticals, logistics, and tech-based startups, he is adept at
tackling challenges across diverse industries impartially. Renowned for
embracing challenges, Gorang is keen to apply his acquired knowledge,
making him an invaluable asset for firms seeking a versatile
professional in financial restructuring and corporate recovery.

ISHAN AGARWAL

Ishan is a Law graduate with BBA. LL.B (Hons.) from Bennett University
possessing strong analytical and interpretational skills. With a
comprehensive knowledge in the area of Corporate Laws coupled with
an interest in the field of finance, Ishan has an experience of working on
the Series C Equity & Debt Funding of a startup based out of Bengaluru.
As Ishan likes to deal with numbers, he possesses zeal in exploring and
strengthening his knowledge in the field of finance and Microsoft excel.
Ishan is calm and curious, with a self-motivated learner attitude
committed to adding value in the roles he undertakes.

ISHIKA ARORA

Ishika is a Law graduate from Banasthali Vidyapith, Rajasthan.

Thereafter, she worked as a Legal Associate at the esteemed Chambers
of Mr. Sandeep Arora, Advocate in Prayagraj, where she accrued nine
months of invaluable experience in corporate and commercial
litigation. She has been actively engaged in conferences, adeptly
presenting research papers. Ms. Arora is not only proficient in Microsoft
Office tools, legal drafting, and research but also showcases exemplary
collaborative skills.

11 www.iica.nic.in
JEBIN ANIL

Jebin Anil, an Electronics and Communication Engineer (ECE) completed

his graduation from APJ Abdul Kalam Technological University, Kerala.
Throughout his academic journey, he developed a keen interest in the
operations wing of companies. His quest for a unique intersection
between law and technology led him to the Post Graduate Insolvency
Programme (PGIP). At IICA, he honed his skills and discovered a passion
for Insolvency Laws, recognizing their technicalities, intricacies, and its
implications on the economy.

KANDARP JHA

Kandarp Jha is a Law graduate from Symbiosis Law School, Pune. His
internship at Bank of Baroda provided practical exposure, focusing on
SARFAESI and RDDBFI Act. After completing his law, Kandarp gained
valuable experience at Asset Reconstruction Company (India) Ltd, in the
Large Corporate Resolution Group where he handled various CIRP and
SARFAESI matters and was involved in various commercial transactions
ranging from 30 to 1200 crore. In addition, he completed a training
program in Restructuring and Resolution of Corporate Debt at CRISIL.
This extensive background equips him to approach diverse projects
with a comprehensive perspective.

KAUSTUBH HARDIKAR

Kaustubh Hardikar, a graduate of Jindal Global Law School, served as an

Associate in EY's Forensic and Integrity Services (FIDS), specializing in
government project operations. With internships at Argus Partners and
the Centre for WTO Studies, he honed skills in Company Law, agreement
preparation, and Trade Law policy. Recognized for robust analytical
abilities, Kaustubh is dedicated to utilizing his expertise for effective
decision-making in the Restructuring and Insolvency sector, ensuring
timely and impactful outcomes.

KRITI VARDHAN PANDEY

Kriti Vardhan Pandey, is a Law graduate with specialisation in Corporate

Law from Central University of South Bihar, Gaya, he is also an Advocate
(Qualified AIBE exam) and holds a Company Secretary Executive level
degree, he brings diverse expertise in contract drafting, negotiation,
and legal consultancy. With internships at notable companies like
Aditya Birla Grasim Ltd and certifications in Insolvency & Bankruptcy
from ICSI and primary markets from National Institute of Securities
Management, Kriti is a valuable asset. Renowned for an optimistic,
dynamic, and adaptable approach, Kriti's insightful perspectives and
hands-on experience contribute significantly to any professional team
navigating the complexities of the business world.

Post Graduate Insolvency Programme - 2023 - 2025 12

 KUNAL VIJAY AGALE

Kunal Agale is a Law graduate from Mumbai University and a

postgraduate qualification in Corporate Law from Maharashtra
National Law University, Mumbai. His expertise spans across Corporate
and Criminal Law, honed through a year of active practice in various
legal arenas such as the Bombay High Court, NCLT Mumbai, DRT/DRAT
Mumbai, and session courts. Notably, Mr. Agale possesses a
comprehensive understanding of Insolvency Law, evidenced by his LLM
dissertation focused on 'Insolvency Laws in India.

MANISH

Manish, an Engineer with a degree in Mechanical and Automation from

Guru Gobind Singh Indraprastha University in Delhi, has honed his
technical skills through internships in northern railways and diverse
organizations. Currently focusing on corporate valuation, restructuring,
and financial modeling, he's expanding his financial expertise. His
passion for finance is evident in his pursuit of the IBC course, exploring
the intersection of finance and law in the modern insolvency regime,
providing a comprehensive understanding of organizational dynamics
and financial intricacies.

MOHAMMED FARHAN C

Mr. Mohammed Farhan C has pursued his B.Com LL.B from St. Joseph's
College of Law, Bengaluru. He is also a CS Professional student with the
ICSI. He has been playing a key role as a Trainee Corporate Counsel with
Locad, Singapore for about a year where he assisted in maintaining
compliance tracker and contract management. Simultaneously, he is
also the Managing Editor and Publisher of Law Essentials Journal (ISSN
2582-6735). Mr. Farhan is also empanelled with the Independent
Director's Databank of IICA.

NIRANJAN RS

Mr. R.S. Niranjan has completed his Law degree from the School of
Excellence in Law, Chennai and is registered with the Bar Council of
Tamil Nadu and Pondicherry. He completed his law degree from the
School of Excellence in Law, Chennai. With two years of extensive work
experience in Criminal and Commercial Law, Mr. Niranjan has appeared
before various tribunals, lower courts, and the Honourable Madras
High Court and NCLT. He has also represented the Government of Tamil
Nadu on various Criminal matters on behalf of the Office of State Public
Prosecutor.

13 www.iica.nic.in
PARSHAV GANDHI

Parshav Gandhi, a Law graduate from DAVV University, Indore and is

registered with Madhya Pradesh Bar Council. During his 2 years of
experience as a Legal Associate at Finvin Advisor Private Limited, he
provided comprehensive legal advisory and support services to
Insolvency Professionals and Resolution Applicants. His expertise
encompasses diverse Corporate Insolvency Resolution Process (CIRP)
and Liquidation cases across industries like Steel, Electricity, IT and Oil
Extraction, with debts ranging from Rs. 10 Cr. to Rs. 250 Cr. Parshav aims
to apply his learnings and profound experience in the insolvency domain.

PREETHAM

Preetham is a B.Com LL.B from KLE Society's Law College and is a

dedicated Advocate with over a year of experience in the High Court of
Karnataka. As a Junior Associate at the High Court, he handled Writs in
the Real Estate Regulatory Sector. A remarkable Chess player and an
avid Mooter, Preetham has excelled in five National-Level Moot Courts.
With a keen interest in AI and Data, he possesses strong Excel, Data
Visualization and problem-solving skills. He has a solution-oriented
approach towards work and is known for his effective relationship-
building and leadership skills.

PRIYANSHU

Priyanshu Kumar is a BA. LL.B Graduate from Central University of

South Bihar. Priyanshu, honed by impactful High Court and Supreme
Court internships, brings sharp legal expertise to bear on insolvency,
bankruptcy, and restructuring. Driven by a passion for justice, their
comprehensive education and unwavering commitment to navigating
corporate legal complexities position them to make a significant impact
on the legal landscape.

PRITESH KETAN SOLANKI

Pritesh Ketan Solanki is a Law and Business Administration graduate

from Gujarat University, showcased dedication through diverse
internships and a notable Judicial internship at The Gujarat High Court.
His exposure spans Civil, Company Law, Consumer Law, IBC, and Family
matters, reflecting a multifaceted legal understanding. Concurrently
pursuing a Company Secretary course demonstrates his commitment
to mastering legal and corporate domains. Possessing robust analytical
and organizational skills, Pritesh's athletic prowess as a District-level
player underscores his collaborative teamwork approach. His unique
blend of academic excellence and practical expertise marks him as a
promising professional.

Post Graduate Insolvency Programme - 2023 - 2025 14

 RAHUL KUMAR SONI

Rahul Kumar Soni, a Law Graduate from Pune University, is a versatile

legal professional with various internship experiences in different law
firms, including Michael Dias & Associates, New Delhi, and Chambers of
Advocates. With a robust foundation in law, he has developed research,
interpretational, and negotiation skills. His recent focus on insolvency
and restructuring reflects a keen interest in evolving legal landscapes.
Rahul actively upskills in financial modeling and corporate
restructuring, demonstrating a commitment to staying at the forefront
of industry demands. His dynamic profile and diverse skill set make him
a valuable asset in any professional setting.

RA JAT BANSAL

Rajat is a Company Secretary and a commerce graduate from Guru

Gobind Singh College of Commerce, University of Delhi. He secured an
AlR-9 at the professional level examinations of ICSI. He was also
adjudged as the Best Participant at the 306th Management Skills
Orientation Programme conducted by the Northern Indian Regional
Council of the ICSI. He has interned with a listed entity and a Practising
Company Secretaries firm. He also holds around two years of post-
qualification experience working with a Consultancy firm, Government
Department, and Academic Institution.

RAPAKA SRAVYA

Rapaka Sravya, a B.A. LL.B (Hons.) graduate from NLU, Visakhapatnam

and is enrolled with A.P. State Bar Council. She actively engages herself
in Debates, Moots, and excels in Legal Research and Writing. Her
expertise lies in legal drafting, coupled with effective communication
skills and a profound understanding of the law. Having had the privilege
of working under Insolvency Professionals, she gained invaluable
hands-on experience in CIRP, liquidation proceedings, and ensuring
compliance with the IBBI and Insolvency Professional Agencies. She
aspires to be a skilled restructuring and turnaround professional.

RAVI PRATAP SIKARWAR

Ravi Pratap Sikarwar, is a Law graduate from Jiwaji University, Gwalior,

he is enrolled with the Bar Council of Madhya Pradesh. His internships
at MP High Court has provided him a nuanced understanding of legal
intricacies. Ravi qualified assistant prosecution officer Mains exam in
Madhya Pradesh which underscores his commitment to excellence.
Currently pursuing courses in Advanced Excel and Finance, he
combines legal proficiency with a proactive approach to professional
development. Ravi's greatest strength is his analytical and
organisational skills. He has aspirations to create a niche for himself in
the Turnaround- Restructuring and Insolvency ecosystem.

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REYYI SAMEERA

Reyyi Sameera is a BBA. LLB (Hons.) graduate from GITAM School of Law,
Andhra Pradesh and is the youngest of the PGIP 5th batch. Her
analytical skills in the field of Commercial Law has prompted her to do
this course.She has interned under various Organisations including the
Kerala Administrative Tribunal and Public Prosecutor of District court of
Visakhapatnam. She was an active member of her law school and
participated in inter alia, Debates, Youth Parliaments and Moot Court
Committee. She is proficient in MS-Word, MS-Excel, legal research and
proof-reading.

RUPESH CHOUDHARY

Rupesh Choudhary is a Law graduate from Symbiosis Law School,

Hyderabad who is enrolled with the Delhi Bar Council. Currently pursuing
his Master's in Business Laws from Mohanlal Sukhadia University,
Udaipur, Rupesh has previously interned with various law firms and
Senior Advocates where he has contributed in matters which were
represented before the District and Sessions Court and the Rajasthan
High Court Bench at Jaipur. His area of work during his internships entailed
handling research involving the Transfer of Property Act, recovery matters
under the DRT Act, and other Negotiable Instrument Act cases. He
actively participated in academic quizzes and moot court competitions.

SAI SWATHI NADIMPALLI

Sai Swathi Nadimpalli has graduated with an LL.B from Osmania

University, Hyderabad and is an Advocate enrolled with the Bar Council
of Telangana (AIBE qualified). She has served as a Junior Advocate for
RVR & Associates, Hyderabad. During her stint at RVR & Associates, she
had assisted in Due Diligence, attended NCLT proceedings and undertook
the firm's Secretarial Audit duties. With a Bachelor's in Commerce and
an LL.B, she commends a unique understanding of both Business and
Law. Leadership skills, critical thinking and creative problem-solving
abilities and handling interpersonal dynamics are her broad soft skills.
She also holds an ICSI Company Secretary Foundation Certificate.

SANJANA SHARMA

Sanjana Sharma a Law graduate from Government Law College,

Mumbai (GLC) has underwent diversified internships at top-tier law
firms, including AZB & Partners, Argus Partners, and Hemant Sahai &
Associates, where she assisted in matters covering Dispute Resolution,
General Corporate Law, and Competition Law. Further, internships
under Praveen Dixit, Vice Chairman of the Maharashtra Administrative
Tribunal and the Legal Cell of Indian Oil Corporation Ltd. add to her
versatile skill set. Highly adaptable and motivated, Sanjana is focused
on mastering the IBC, offering strong research skills and a dedicated
work approach that makes her a valuable asset to any organization.

Post Graduate Insolvency Programme - 2023 - 2025 16

 SANNIDHI CHAKRALA

Sannidhi Chakrala, a BBA. LL.B. graduate from Chanakya National Law

University is a registered Advocate. As a newcomer in the domain of
Insolvency Law, she is keen to pick up opportunities that allow her to
understand the subject with its rhyme and reason. She has been a top
academic performer throughout her education and has a learner's
mindset. At IICA, she prepared a project report on avoidance
transactions which piqued her interest in corporate revival and financial
forensics.

SEIGUNHAO HAOKIP

Seigunhao Haokip (Elvis) is a Law graduate of the Faculty of Law,

University of Delhi. During his college years, he was an active member of
the Legal Aid Society under the Delhi State Legal Services Authority
giving him a plethora of opportunities to serve various sections of the
society. He is also certified in Financial Modeling. Describing himself as
an optimist with a keen interest in Insolvency and Business Laws, he is
looking forward to becoming an industry leader in the Turnaround-
Restructuring and insolvency ecosystem.

SHALINI VASISHTHA

Shalini Vasishtha is a Law graduate with a BA. LL.B (Hons.) from Amity
Law School, Noida. With a background as a Legal Review Specialist at
Consilio India for eighteen months and internships at notable firms and
LLP such as Murari Tiwari & Associates, Privy Corporate Consulting LLP,
Adv. Rohit Pandey & Associates, and others, she brings a wealth of
experience. As a prior experience of a Legal Blog writer for Ezylegal, she
is known for her dedication, adaptability, strong organizational skills,
and exemplary work ethic. She is eager to apply her accumulated
knowledge and expertise in the field of Insolvency.

SHANTANU SHARMA

Shantanu Sharma is a Law graduate from the Faculty of Law, Jamia

University, New Delhi. Before joining the course, he worked at the
Corporate Office of PNB Housing Limited as an Internal Legal Counsel.
During his year-long stint, he assisted in resolving stressed loan
accounts, loan documentation of real estate project finance cases, and
drafting various master service agreements. With a comprehensive
understanding of risk management, Shantanu aspires to excel in the
field of Corporate Restructuring and Insolvency.

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SHIVPRASAD GIRISH MALANG

Shivprasad Malang is a Law graduate from Savitribai Phule Pune

University. With over a year of experience as an in-house legal associate
at Repos Energy, he has gained expertise in contract life cycle (CLS)
management. Passionate about insolvency and mediation, Shivprasad
is the co-founder of a startup consultancy that successfully provides
services to energy-based startup businesses. His unique blend of strong
managerial skills, adaptability, diligence, resilience, and a keen interest
in promoting businesses positions him to contribute meaningfully to
the insolvency sector.

SHREYA BOSE

Shreya is a Law graduate from University of Pune. She is enrolled in

Maharashtra and Goa. During her internships at various law firms, she
excelled in drafting agreements, preparing encumbrance reports for
banks, and conducting extensive research. Ms. Shreya Bose served as
the Vice-president of the West Bengal Human Rights Council under the
governance of the Women's Indian Chamber of Commerce and
Industry. She possesses a keen interest in Company Law, Insolvency and
Bankruptcy Law, Economics, Accountancy, and related commercial
subjects. She enrolled in the Post Graduate Insolvency Programme,
where she aims to enhance her knowledge and refine her skills to excel
as a successful Professional.

SIDDHANT ASTHANA

Siddhant Asthana, a graduate of Amity Law School, Delhi, is an aspiring

lawyer registered with the Bar Council of Delhi, driven by a passion for
Insolvency and Bankruptcy practice. He possesses strong analytical and
research skills and has authored multiple articles and research papers,
few of which are published. He has undergone Internship training
programs under proficient lawyers and at esteemed legal offices like the
Competition Commission of India. Along with proven acumen in
complex legal matters, he possesses excellent communication and
client service skills, and is eager to contribute his expertise within a
dynamic legal team.

SIDHARTH S

Sidharth S is a Chartered Accountant, Certified Forensic Auditor, and

Certified Arbitrator from the Institute of Chartered Accountants of India.
During his CA articleship, he had the privilege of being mentored and
trained by an insolvency professional. Subsequently, he worked as a
team lead for a period of one year with a renowned practicing
insolvency professional. He has also been a part of the IP team that
delivered the landmark judgment on "Partial Resolution and Partial
Liquidation for a CD." Sidharth possesses extensive knowledge in
corporate restructuring, resolution, and liquidation, and his expertise in
these fields is highly regarded.

Post Graduate Insolvency Programme - 2023 - 2025 18

 SOURAV BANERJEE

Sourav Banerjee is a Law graduate from Bharti Vidyapeeth Deemed

University, Pune. He comes with experience in contract drafting,
compliance in Company Law and data protection during his stint as an
Associate at Netlawgic Legal LLP prior to joining this course. He is
passionate about technology as well as finance and has a knack for
investing. He is proficient in Microsoft Excel, Power BI, Microsoft Word,
Drafting and legal research. In recent months, Mr. Banerjee has
developed a comprehensive understanding of Insolvency and
Restructuring, positioning himself to contribute effectively to the industry.

SPARSHA PAVAN

Sparsha Pavan is BBA. LL.B from Symbiosis Law School, Hyderabad. She
is enrolled with the Bar Council of Telangana. She is pursuing company
secretary examinations at the executive level implicating her zeal for
expertise in law, compliance and finance. Owing to her varied
internships which include working under an insolvency professional,
she possesses a blend of hands-on experience in Corporate and
Commercial Law. She has closely viewed and assisted in CIRP and
Liquidation process. Legal research, communication, managerial and
problem-solving skills coupled with a varied understanding of law and
finance are her strong suits.

SUMEET SURENDRA CHIMBALKAR

Sumeet Chimbalkar is a Law Graduate from Pune University and holds a

Master's degree in Corporate and Commercial Law from MNLU,
Mumbai. He gained practical experience through various internships at
the Pune district court and previously worked as a legal intern at
Mumbai International Airport Limited. Additionally, Mr. Sumeet is
proficient in MS Office and demonstrates strong analytical and
problem-solving skills. He is highly motivated and consistently
endeavors for perfection in his work.

SURA J KUMAR SINGH

Suraj, a recent graduate with a BA. LL.B in Corporate Law, from Central
University of South Bihar. Suraj excels in legal studies and possesses a
strong legal background. Proficient in Microsoft Office, data analysis,
document preparation, and presentations, he is a valuable asset for any
organization seeking a skilled legal professional. Highly motivated and
passionate about law, he is a team player with excellent communication
skills and a quick learner eager for new challenges. Confident in his
academic background, skills, and experience, he is ideal for a career in
Corporate Law and eager to contribute his knowledge to your dynamic
legal environment.

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TANMAY RAI

Tanmay Rai is a Law graduate from Symbiosis Law School Hyderabad.

He is an Advocate enrolled with the Bar Council of Rajasthan. Mr Rai
possesses 3 years of extensive work experience in Export Promotion
Capital Goods Scheme compliances and Directorate General of Foreign
Trade litigations while working as a junior associate with the Chambers
of Arvind Sharma and Associates, Jaipur. He takes a keen interest in
discussions around the realm of politics and policies. He is proficient in
Microsoft Office tools, legal research, and drafting.

TEJPAL

Tejpal is a Law graduate from Campus Law Centre, University of Delhi

(2020) and is an Advocate enrolled with the Bar Council of Delhi. He has
practiced for around 2 years in various civil and criminal matters
including making representations before Delhi High Court. During his
practice, he actively drafted numerous complaints, petitions, replies,
rejoinders, affidavits, and other pleadings. He is an aspiring Turnaround
Professional who has a keen interest in the space of the Insolvency
regime of India.

UTKARSH SINGH

Utkarsh Singh, an Advocate registered with the Bar Council of Delhi and
AIBE qualified. He is a BBA. LL.B from Galgotias University and LL.M in
Corporate & Business Law from Gujarat National Law University. His
dynamic legal journey includes internships in Corporate and Insolvency
and Bankruptcy Laws, along with a year as a Legal Compliance Analyst.
He is skilled in legal research and drafting and possesses proficiency in
MS Word and MS Excel. Utkarsh's expertise extends to Commercial Laws,
corporate governance and IBC, aligning seamlessly with his interests in
Finance, arbitration, mergers and acquisitions and related fields.

VAISHNAVI

Vaishnavi is a Law graduate from the Central University of South Bihar

and enrolled with the Bar Council of Delhi. She brings a wealth of
experience from her diverse internships. During her tenure at
JudicateMe, Vaishnavi showcased her versatility through contributing
articles and blogs across various legal domains. Beyond that, Vaishnavi
finds satisfaction in analyzing complex financial situations, adding a
unique dimension to her skill set. Her interest in the corporate domain
is complemented by a strong team-oriented approach, making her a
valuable asset in collaborative professional environments.

Post Graduate Insolvency Programme - 2023 - 2025 20

 VARSHITHA N G

Varshitha N G, a Company Secretary with over 2.5 years of post-

qualification experience. She exhibited her skills in managerial roles
alongside Company Secretaries, Chartered Accountants, and
Insolvency Professionals. Her primary strengths lie in efficiently
handling secretarial and regulatory compliances. She navigated the
complexities of CIRP and Liquidation across diverse industries,
including Real Estate, Granite, and Garments. She aspires to become an
IP and make a significant impact on the corporate landscape by
promoting transparency, accountability, and sustainable business
practices.

VIDUSHI PURI

Vidushi is a Law graduate from Bennett University. A stint at IICA for an

IBC module fuelled her interest in this domain during evolution. She
further upskilled at NLU, Delhi by completing her diploma in Corporate
Insolvency. She interned at EY, L&L and Grant Thornton in restructuring
and worked with Senior Partners. She has extensive exposure to
insolvency cases during the resolution process which involved IDBI and
other syndicated Banks as financial creditors for claims of 500cr+ and
beyond. Her rich knowledge of IBC Laws allows her to assist on projects
and assignments in CIRP matters

VISHNU VITAL PAVANESH P

Vishnu Vital Pavanesh P is a BBA. LL.B (Hons.) from Gitam School of Law,
Visakhapatnam. Vishnu has Profound and diverse Internship
experiences revolving around the functioning of tribunals, contractual
laws, insurance laws and banking laws. Vishnu Possesses a diverse skill
set, showcasing expertise in drafting, Microsoft Office, strong analytical
and research skills. Being a multilinguistic, Vishnu is proficient in
speaking English, Hindi, Telugu, Tamil, and Kannada which gives him an
edge to better handle the problems in the field of corporate
restructuring and turnaround ecosystem.

VISHWESH SATISH KAMAT

Vishwesh Kamat, a Chartered Accountant and a Law Graduate from

GLC, Mumbai is equipped with diverse skill sets holding certifications in
Forensic Accounting (FAFD) and Advanced Valuations and Strategy. He
has experience in auditing of Power and BFSI Sector. Subsequently, he
worked as a Credit Manager in an NBFC. He is driven by a strong desire
to step into the dynamic field of insolvency, where his skills will
harmoniously merge with his passion for understanding diverse
business models and helping businesses navigate through
restructuring processes.

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THE POST GRADUATE INSOLVENCY PROGRAMME
BATCH 2023 - 2025

Post Graduate Insolvency Programme - 2023 - 2025 22

 IICA-PGIP

Seventh Annual Day on 1st October 2023 by IBBI at New Delhi. Justice
Ashok Bhushan, Hon'ble Chairperson, National Company Law Appellate
Tribunal graced the occasion as the Chief Guest.

Valuation Day on 18th October 2023 by IOV registered Valuers Foundation,

ICMAI registered Valuer Organisation and ICAI Registered Valuer
Organisation graced by Mr. Ravi Mittal, Chairperson, IBBI.

Expert Talk Series on Dr. Ashok Kumar Mishra, Hon'ble Technical

Member, NCLT New Delhi and NCLAT New Delhi.

Expert Talk Series on “IBC's contribution to Economic Growth” by

Dr. M.S. Sahoo.

Expert Talk Series on “Important provisions of Companies Act” by

Mr. LN Gupta (Retd. IAS), Hon'ble Technical Member, NCLT New Delhi.

National Conference on Responsible Business Conduct - Embracing ESG in

India, Key Note by Shri Rao Inderjit Singh, Hon'ble Minister of State (I/C),
Ministry of Planning, Ministry of Statistics & Programme Implementation;
MoS, Ministry of Corporate Affairs, Government of India.

Expert Talk Series on Information utility-An Indian Innovation NeSL by

Mr. Debajyoti Ray Chaudhuri, MD & CEO of NeSL.

Expert Talk Series on “Overview on Valuation” by Dr. S.K. Gupta (MD- RVO
of Institute of Cost Accountants in India).

Power Talk Series on “Cyber Risks and the Role of the Boards” by Retd. IPS
Mr. Nandkumar Saravade.

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Expert Talk Series on “Why and how loans go bad and how to be
successful in you drive” by Mr. S. R. Bansal, Former Chairman and CMD
at Corporation Bank and Independent Director at GMR Airports
Infrastructure Ltd.

Expert Talk Series on Societal Dimensions by Mr. Sumant Batra,

Insolvency Lawyer, Past President of INSOL International, Founder
Insolvency Law Academy.

Expert Talk Series on “Evolution of Insolvency” by Mrs. Deepika B Prasad,

Senior Partner at AAA Insolvency & Director at D Prasad & Associates.

Expert Talk Series on “Role of different Stakeholders in Shaping Financial

Market” by Mr. Sunder Ram Korivi.

Industrial visit to EY with Mr. Madhusudan Garg, Director - Turnaround &

Restructuring Strategy at EY, Mr. C.B. Singh, Former Member Technical,
National Company Law Tribunal (NCLT), Ms. Shivani Chandok, Director,
Turnaround and Restructuring Services, EY and Ms. Ankita Mangal,
Director, Debt and Special Situations Advisors, EY.

Insolvency Law Conclave was organised at IICA campus delved into crucial
topics where

In First Panel focused on "Convergence of the Real Estate Sector with IBC,
2016" boasted a distinguished panel including Mr. Anuj Jain, Ms. Pritha
Srikumar Iyer, and Mr.Avil Menezes moderated by Dr. Siddharth Srivastava

In Second Panel dedicated to "Corporate Restructuring & Turnaround"

featured industry leaders like Mr. Abizer Diwanji, Mr. Ashish Chhawchharia,
and Ms. Anusha Kumar moderated by Ms. Khushboo Vaish.

In Third Panel on exploring the "Interplay of IBC with other laws".

Noteworthy speakers included Mr. Ajay Shaw and Mr. Dushyant Dave
moderated by Ms. Anjali Jain.

Alumni Talk Series - Mr. Rahul Adlakha, Mr. Kuwarpreet, Mr. Sanjay
Jeswani, Mr. Vishrut Jain, Mr. Himanshu Gupta, Mr. Abhisek Periwal.

Post Graduate Insolvency Programme - 2023 - 2025 24

 Dr. Pyla Narayana Rao
Associate Professor

Dr Kana Sukumaran
Chair Professor, IBBI

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 Mr. L.N.Gupta
Member (Technical),
NCLT

Ms. Puja Bahry Mr. Sunder Ram Korivi Mr. Deepak Gajrani
Insolvency Professional SUNDFINA Director at Deepak Gajrani Classes,
Delhi Law Graduate from, DU

Mr. Naveen Bali Mr. Vikram Kumar Dr. Himanshu Talwar

Ph.D, Programme lead, Insolvency Professional All India Management Association
Council on Energy Ecvironment and Water (AIMA)
(CEEW)

Mr. Raghav Pandey Mr. Sumant Batra Ms. Neel Sodhi

Faculty in NLU, Delhi Insolvency Lawyer, Personality Development (PD) Faculty
Intl. Fellow

Post Graduate Insolvency Programme - 2023 - 2025 26

 Ms. Swati Dhawan Dr. A.K Mishra Dr. Ashwini Siwal Dr. SK Gupta
Former Finance Faculty Prof. Jamia Hamdard, New Delhi, Senior Assistant Porfessor, MD
SRCC Former Technical Member, Faculty of Law, RVO of Institute of
NCLAT University of Delhi cost acountants of India.

Mr. KK Vohra
Mr. S.R Bansal Mr. Anoop Rawat Mr. Anil Katia
Former Member NCLT,
Former CMD of Corporation Bank Partner, IP, Investment Advisory to International
Former ED RBI
Shardul Amarchand Investment Firms & Fintech Consulting
Mangaldas & Co. Practice & CFO Support Services.

Ms. Deepika Bhugra Mr. Pulkit Deora CA. Kapileshwar Bhalla Dr. Risham Garg, NLU Delhi
Proprietor, D Prasad & Associates, Advocate Author, Associate Professor of Law,
Firm of Cost Accountants, Supreme Court of India IND AS/IFRS Consultant, Director, Center for Transnational
Senior Partner, AAA Insolvency Professionals LLP, Faculty and Trainer-Finance Commercial Law (CTCL) (NLU),
Chariperson, Samast Foundation and account faculty Director, Centre for Regulatory Studies
(NLU)

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Post Graduate Insolvency Programme - 2023 - 2025 28
 Mr. Ravi Mittal Mr. Ajay Tyagi Mr. Rajnish Kumar
IBBI - Chairman Former Chairperson, Former Chairman,
SEBI State Bank of India
NCLAT

Mr. Krishnamurthy Mr. S. Ganesh Kumar Mr. Santosh K Shukla

Venkata Subramanian Former ED, Executive Director, IBBI
Chief Economic Adviser RBI
to the Government of India

Mr. R. Subramaniakumar Mr. R. K. Gupta

MD & CEO, Executive Director,
RBL Bank Bank of Maharashtra

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 Mr. Rajan Jain Mr. Shalender Ajmera Mr. Venkataraman Dr. Siddharth Srivastava
Secretary, MCA Partner, EY Renganathan Partner, Khaitan & Co.
Managing Partner, A & M

Mr. Debajyoti Ray Chaudhuri Mr. Dushyant Dave Mr. Anuj Jain
MD & CEO, Group Chairman, Partner,
NeSL The Decode Group BSRR & CO

Post Graduate Insolvency Programme - 2023 - 2025 30

31 www.iica.nic.in
● IRF has been established by IICA in partnership with Society for Insolvency Practitioners of India
(SIPI). An insolvency think tank, it is an independent research centre to serve the public good and
help in robust policy making based on deep research.

● IRF also aims to develop a community in pursuit of scholarship in the field of insolvency.

● It seeks to strengthen the interaction between government and academics in public policy making.

● IRF supports the Centre for Insolvency and Bankruptcy and feeds the technical content of PGIP.
It gathers support from the corporate houses for its research and other academic activities through
the Corporate Social Responsibility wing of such houses.

● The first of its kind in the world, IRF strives to complement India's aspirations to climb up the Ease of
Doing Business ranking.

The ICLS was established in 1967 for the effective implementation and administration of the Companies
Act. Originally, the service was named Company Law Service. In 2002, it was renamed as Indian
Company Law Service. It was again renamed as Indian Corporate Law Service in 2008 when its
recruitment was brought under the ambit of the UPSC CSE. Thus, the first batch of officers recruited into
the ICLS through the civil services exam was in 2009. Until 2004, the service functioned under the
Ministry of Finance. Since then, it has functioned under the Ministry of Corporate Affairs.

ICLS Academy also engages CS Trainees for which it is registered with ICSI for imparting 15 months of
training. The main job of ICLS Academy is to prepare Schedule/Module of each of the programmes being
conducted by ICLS Academy and conduct Training Programmes for theofficers of ICLS, MCA and their
Feeder Cadre.

Post Graduate Insolvency Programme - 2023 - 2025 32

 CORPORATE RELATIONS AND PLACEMENT COMMITTEE

Rajat Bansal Preetham

Vidushi Puri

Vishwesh Kamat Ansh Kesharwani

Since its inception in 2019, the Indian Institute of Corporate Affairs (IICA) has been overseeing the Post
Graduate Insolvency Programme (PGIP) which was launched by the Insolvency and Bankruptcy Board of
India (IBBI) with the objective of nurturing a cadre of proficient and dynamic Insolvency Professionals.
This pioneering program is the first of its kind for individuals aspiring to pursue a career in the discipline
of Insolvency Professionals or take on other roles in the insolvency ecosystem, whether in India or
abroad.

The graduate professionals enrolled in the PGIP undergo a thorough selection process, involving a
rigorous national-level entrance test that includes a written exam, a group discussion, and a personal
interview. Individuals in the program have diverse backgrounds, encompassing Chartered Accountants,
Company Secretaries, Lawyers, Engineers, and MBA graduates. Most of them bring valuable experience
in various domains such as Engineering, Finance, Investment Management, Company Law, Taxes, Sales,
Asset Reconstruction, Costing, Accounting, and related fields.

The Corporate Relations & Placement Committee proudly assumes responsibility for crucial operational
aspects. This includes coordinating corporate interactions and workshops, crafting the student
brochure, aligning student skills with job requirements, managing placement-related events, and
offering students insights into the latest industrial trends through conclaves and seminars. The
Committee plays a vital role in fostering and maintaining a mutually beneficial relationship with
corporate stakeholders.

We have worked diligently to familiarize students with the perspectives and experiences expected of
them, fostering the development of specialized skill sets. As we approach the placement season, we look
forward to identifying students for the unique value they contribute to the insolvency ecosystem.

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Post Graduate Insolvency Programme - 2023 - 2025 34