Limited Insolvency Examination to be conducted online from Jan 1, 2018
Published: Nov 03, 2017
By TIOLCORPLAW News Service
NEW DELHI, NOV 03, 2017: The Insolvency and Bankruptcy Board of India (IBBI) has specified the syllabus, format and frequency of the “Limited Insolvency Examination” with effect from January 1, 2018. The examination will be conducted online with objective multiple-choice questions. The duration of the examination will be two hours. A candidate will be required to answer 87 questions in two hours for a total of 100 marks. Passing mark for the examination is 60%. Passing candidates will be awarded a certificate by the Board. No workbook or study material will be provided.
The examination centers are available at more than 100 locations in the country. The examination will be available from January 1, 2018. An interested candidate needs to enroll for examination at www.nism.ac.in. He needs to select IBBI-Limited Insolvency Examination and enroll himself for the examination by choosing the time, the day and the examination center for his examination. A candidate needs to provide PAN and Aadhaar to enroll for the examination. Fees for examination is Rs.1500, payable online.