Mastering the IBC: Principles, Practice & Commercial Wisdom With Rajasekhar V.K, Former NCLT Member

LiveLaw Academy has launched an online course titled “Mastering the IBC: Principles, Practice & Commercial Wisdom”, with Rajasekhar V.K, Former NCLT Member focusing on a structured and jurisprudential understanding of the Insolvency and Bankruptcy Code, 2016 (IBC).

The course will commence on 31 January 2026 and will be conducted over 14 bi-weekly sessions, comprising 28 hours of instruction. You can register here

About the Course

The course is designed to offer participants a clear understanding of the institutional logic, jurisdictional boundaries, and decision-making framework underpinning the IBC. Rather than approaching insolvency law as a purely statutory or recovery-oriented exercise, the programme examines insolvency as a system shaped by time sensitivity, commercial discretion, and judicial restraint.

Participants will be guided through the full lifecycle of insolvency proceedings — from entry into the Corporate Insolvency Resolution Process (CIRP), to resolution planning, liquidation, and post-approval finality. The course also critically examines the respective roles of tribunals, insolvency professionals, creditors, and courts within the IBC framework.

Key themes addressed in the course include the concept of default as a jurisdictional fact, the non-justiciability of commercial wisdom exercised by the Committee of Creditors (CoC), the limited and supervisory nature of judicial review, and the importance of predictability and finality in insolvency outcomes.

Course Instructor

The course will be taught by Rajasekhar V.K., Advocate and former Judicial Member of the National Company Law Tribunal (NCLT).

Rajasekhar V.K. brings nearly four decades of experience spanning judicial office, insolvency and corporate litigation, and public service. During his tenure as a Judicial Member of the NCLT, he presided over Benches at Mumbai, Kolkata, Cuttack, and Allahabad, disposing of more than 6,000 matters, including a substantial body of cases under the Insolvency and Bankruptcy Code and the Companies Act, 2013.

Prior to his judicial role, he practised at Chennai and also served for 18 years with the Ministry of Corporate Affairs, contributing to key institutional initiatives such as the National Foundation for Corporate Governance (NFCG), the Competition Commission of India, and the MCA21 e-governance programme. He is also a regular writer and speaker on insolvency law and institutional adjudication, with published work in LiveLaw and other leading publications.

Learning Outcomes

By the end of the course, participants are expected to:

• Understand the IBC as a response to institutional failure rather than creditor impatience
• Apply jurisdictional reasoning to admission, moratorium, CoC decisions, and judicial review
• Distinguish statutory compliance from commercial discretion in resolution planning
• Appreciate finality, restraint, and predictability as systemic imperatives under the Code

Course Details

• Start Date: 31 January 2026
• Duration: 28 hours
• Sessions: 14 (bi-weekly)
• Class Timings: 5:00 PM – 7:00 PM
• Mode: Online
• Course Fee: ₹5,999 (inclusive of GST)
• Recording Access: Available for 6 months from the date of the last session
• Certification: Yes

Who Should Apply?

The course is intended for law students, practising lawyers, law firm partners and associates, banking and finance professionals, resolution professionals, chartered accountants, company managers, entrepreneurs, and investors seeking a deeper and structured understanding of insolvency law in practice.

Registration

Further details about the course and registration can be accessed on the LiveLaw Academy website - Register Here