National Law University, Odisha has signed an agreement with the Insolvency and Bankruptcy Board of India for cooperation in regard to insolvency and bankruptcy-related activities.
National Law University, Odisha (NLIU) has signed an MoU with the Insolvency and Bankruptcy Board of India. The MOU primarily seeks to achieve cooperation between the two organisations in regard to insolvency and bankruptcy-related activities.
Under the agreement, both organisations will develop and impart regulatory studies as a multi-disciplinary field of study that intertwines the disciplines of law, economics, management, accountancy, and behavioural sciences, by such measures as they deem fit, they will conduct awareness programmes/conferences/seminars/workshops etc. on issues related to the Insolvency and Bankruptcy Code, 2016.
They will develop and impart courses on insolvency and bankruptcy, to be offered to candidates from universities/ institutes all over India and impart Continuous Professional Development (CPD) courses and workshops for Insolvency Professionals and other stakeholders of the IBC ecosystem.
The two organisations will conduct a Moot Competition on the theme/issues or matters related to or connected with the Insolvency and Bankruptcy Code, 2016, bring joint publications on the theme /issues or matters related to or connected to the Insolvency and Bankruptcy Code, 2016, for the benefit of stakeholders of the IBC ecosystem, impart training/workshops/seminars and CPD for Government officials, Regulators, bank officers, Judicial and Technical members, etc.
Other things they will do are - associate with the Board in its advocacy initiatives like Essay Competition, Internships with Board, Research, etc., permit utilization of infrastructure facilities and faculty/support staff of NLUO for conducting the above events, based on mutual agreement, on a cases to case basis.
Any other collaborative effort/initiative is to be decided based on mutual discussions between the parties, said NLUO release.
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