Indian Institute Of Corporate Affairs Presents 'Samarthya'- National Competition On Corporate Rescue Strategies 2025
LIVELAW NEWS NETWORK
17 March 2025 12:36 PM
The Indian Institute of Corporate Affairs (IICA) was established by the Ministry of Corporate Affairs (MCA) as a premier institution for corporate governance, policy research, and capacity building. Approved by the Planning Commission in 2007, IICA was envisioned as a world-class knowledge hub to support MCA in regulatory reforms, corporate governance, and investor education. IICA serves as a think tank for the government, providing policy inputs, research, and consultancy. It collaborates with global institutions like IIT Kharagpur, Yale University, and George Washington University, fostering innovation and best practices in corporate affairs. The institute also supports ICLS officer training, e-governance initiatives, and business solutions for corporates, SMEs, and startups. Designed as a self-sustainable model, IICA engages with stakeholders through its research centers, academic programs, and corporate training initiatives. It promotes ethical governance, entrepreneurship, and investor protection while enhancing India's corporate regulatory framework. With a knowledge-driven approach, IICA bridges the gap between government, industry, and academia, ensuring continuous evolution in corporate affairs, compliance, and economic governance.
VENUE: Indian Institute of Corporate Affairs, Sec. 5, IMT Manesar, Distt. Gurgaon (Haryana), 122052
DEADLINES AND IMPORTANT DATES
Particulars | Date |
Last date for registration | 18th March, 2025 |
Release of financial statements to the registered participants | 20th March, 2025 |
Preliminary rounds and semi-finals | 22nd March, 2025 |
Final round | 23rd March, 2025 (morning session) |
Panel discussion on corporate rescue strategies | 23rd March, 2025 (afternoon session) |
Samarthya is a national level competition designed to identify viable turnaround strategies for businesses facing financial distress. Participants will develop strategies to help companies remain as a going concern, avoiding insolvency while restoring profitability. This initiative, spearheaded by the students of LL.M in Insolvency and Bankruptcy Laws at IICA, aims to bridge the gap between theory and practice, providing students a platform to apply their knowledge to real-time corporate rescue scenarios.
WHY PARTICIPATE?
- The following cash prizes will be awarded:
Winner- Rs. 45,000/-
Runner Up- Rs. 35,000/-
- One member of the winning team will be offered an internship at Khaitan & Co.
- Semi-finalists will get Certificate of Appreciation and all the participants will receive Certificate of Participation.
- Networking opportunities with insolvency professionals, academicians, and industry experts.
- Engage with challenging problems crafted by esteemed academicians and industry experts in finance and law.
ELIGIBILITY AND TEAM COMPOSITION
The Competition is open to students who are pursuing full-time 3-year or 5-year Undergraduate or Postgraduate programmes in Law and Undergraduate or Postgraduate programmes in Finance, Management, or Economics from any recognized university, college, or institution.
Each participating team will consist of three members. Once registered, a team may not alter its composition without the prior written consent of the Organisers, which will be granted at their sole discretion and upon providing a valid reason. While teams may include members from different universities, colleges, and institutions, it is mandatory that at least one member be a student currently pursuing law. Failure to comply with this requirement will lead to disqualification.
PROBLEM STATEMENT AND EVALUATION
Teams will receive financial statements of a distressed company before the competition. The core problem statement will be disclosed on the competition day. Participants must analyse financial data, assess corporate distress, and develop viable restructuring strategies.
Judging Criteria: Depth of financial analysis, creativity in restructuring strategy, feasibility, and presentation clarity.
ATTENDEES TO THE PANEL DISCUSSION
The panel discussion scheduled for 23rd March, 2025, is open to professionals and students in the field of Law, Finance, Management, and Economics, as well as academicians and researchers.
FEE AND REGISTRATION DETAILS
Please visit: https://iica.nic.in/nccrs/
CONTACT:
For any query, email at events.llmibl@iica.in
For more details, refer to the brochure here