Corporate restructuring and debt resolution remain among the most active practice areas in Indian commercial law. For young law graduates, law students, and finance professionals eager to build a foundation in corporate distress and turnaround work, practical experience is essential.
Vishrut & Associates is currently recruiting motivated candidates for insolvency and bankruptcy assignments in the Delhi NCR region. The firm is offering two distinct tracks: a paid assessment internship and a full-time associate position focused on the Insolvency and Bankruptcy Code, 2016 (IBC).
Positions Offered and Work Arrangement
The firm has opened applications for two roles:
- Legal Assessment Intern: This is a paid internship designed to evaluate candidates for potential long-term engagement.
- Legal/IBC Associate: This is a full-time professional position for qualified candidates ready to manage insolvency assignments.
Both positions are offline and require regular office attendance in Delhi NCR. The firm requires a minimum commitment of six months, with a clear preference for candidates seeking a lasting professional association.
Who Is Eligible to Apply?
This opening is not limited strictly to legal professionals. Candidates from multiple professional disciplines may apply, provided they carry prior experience with insolvency matters.
Eligible profiles include:
- Law graduates and current law students
- Chartered Accountants (CAs) and CA aspirants
- Company Secretaries (CS) and CS aspirants
- Professionals from allied backgrounds possessing relevant IBC exposure
Note on Mandatory Experience: Prior exposure to IBC matters is mandatory. Applicants must explicitly detail their previous insolvency casework and assignments on their CVs. The firm specifically requests that applicants without prior exposure or meaningful background in IBC refrain from applying.
Preferred Background and Skills
While basic familiarity with the IBC is necessary, candidates with hands-on exposure to specific statutory processes will be prioritized during selection. Preferred qualifications include practical experience with:
- Corporate Insolvency Resolution Process (CIRP)
- Liquidation proceedings
- Personal Guarantor insolvency proceedings
- Pre-Packaged Insolvency Resolution Process (PPIRP)
- Litigation before the National Company Law Tribunal (NCLT) and the National Company Law Appellate Tribunal (NCLAT)
- IBC regulatory compliance and statutory reporting
Nature of Work and Daily Responsibilities
Insolvency practice demands a balance of procedural discipline, court drafting, and stakeholder management. Selected candidates will participate directly in live insolvency matters.
Day-to-day duties will involve assisting Insolvency Professionals (IPs) across active CIRP, liquidation, and personal insolvency cases. Team members will help conduct meetings of the Committee of Creditors (CoC) and Stakeholders Consultation Committee (SCC), manage the examination and verification of claims submitted by financial and operational creditors, and coordinate directly with lenders, regulatory bodies, and advocates.
The role also involves preparing statutory filings, drafting applications, rejoinders, and legal notices, conducting case-law research, and handling ongoing compliance tasks before various authorities.
What Does the Opportunity Offer?
The internship track is officially paid, offering compensation alongside direct assessment for future recruitment. The associate position provides a full-time career pathway into insolvency advisory and dispute resolution.
While specific remuneration details are not specified in the public call, candidates can discuss terms during the interview stage. For further updates and context, applicants may review the official notification details online.
Step-by-Step Application Process
Interested candidates who satisfy the mandatory IBC experience requirement should follow these application steps:
- Update your CV to clearly reflect your prior insolvency assignments, the exact nature of the matters handled, and your specific roles in CIRP or NCLT litigation.
- Draft an email addressed to career@crossborderinsolvencyindia.com.
- Ensure your email subject line follows this exact format: Application for IBC Internship / Associate – [Your Name].
- Attach your updated CV and send the application promptly, as applications are being reviewed on an ongoing basis.
Why This Opportunity Matters for Your Career
Insolvency is a technical, fast-moving area of Indian corporate law. Working directly on creditor committee meetings, claim verifications, and NCLT filings provides practical training that standard classroom curricula rarely offer. For anyone aiming to establish a specialized practice in commercial dispute resolution, insolvency management, or corporate turnaround, an immersive six-month engagement provides measurable professional value.
Story reported by Lawctopus. This article is BareLaw’s independent explanation and analysis.
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