Insolvency Law Academy

What Insolvency Law Academy does

Insolvency Law Academy (ILA) is an independent think tank and research institution focused on insolvency and bankruptcy law, with particular emphasis on the Indian Insolvency and Bankruptcy Code. Registered as a public charitable trust under the Indian Trusts Act, 1882, and conceptualised in 2016 before formal incorporation in 2022, ILA is led by Sumant Batra, recognised as the youngest and first Asian President of INSOL International. The organisation operates from New Delhi (operational) and Goa (registered office) with a team of seven, including four core members, and serves judges, regulators, insolvency professionals, academics, students, and policy stakeholders working in and around the Indian insolvency ecosystem.

ILA's core programmes are organised around three recurring forums: the Indian Insolvency Study Forum (ISF), the ESG Forum, and the South Asian Students Forum (SASF), supplemented by six Research Chairs, five Regional Centres in Hyderabad, Delhi, Goa, Patna, and Nepal, and an annual conference cycle (the fifth edition is scheduled for 2027). In 2023, ILA established the Arun Jaitley International Centre for Mediation, extending its mandate from thought leadership into operational alternative-dispute-resolution services. Content is distributed through a website, mobile applications on Android and iOS, a digital archive, an e-library, and an active short-story competition now in its fifth edition.

The organisation's business model is that of a public charitable trust rather than a commercial enterprise. Funding is sourced from donations, grants, and corporate social responsibility (CSR) contributions, with contributions eligible for tax benefits under Section 80G of the Indian Income Tax Act. More than 13 institutional partnerships and MoUs — including with NALSAR, RGNLU, UNIDROIT, the World Bank, UNCITRAL, Columbia Law School, IATA, and the Aviation Working Group — extend its reach without generating direct fee income. No revenue figures, donor disclosures, or financial statements are publicly available.

Name

Insolvency Law Academy

Legal name

Sumant Batra, Insolvency Law Academy

Website

https://insolvencylawacademy.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Insolvency Law Academy is an independent Indian think tank and public charitable trust that conducts research, training, and convening on insolvency and bankruptcy law, serving judges, regulators, academics, insolvency professionals, and students across South Asia.

Ownership category

akta.pro rank

Product category

Legal Policy Research and Think Tank Services

NAICS

Legal Services (5411), Educational Services (611), Colleges, Universities, and Professional Schools (611310)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Bankruptcy, Restructuring & Insolvency Law (BPAHAAAH)

akta.pro secondary industries

Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL), Law School Continuing Legal Education (CLE) & Executive Programs (EDAHAIAH), Law & Legal Studies Research Universities (EDAHABAF)

Keywords

• Insolvency law research
• Legal policy think tank
• Bankruptcy research institution
• Scholarly forums insolvency
• Restructuring education programs

Headquarters

HQ city

Divar (Goa)

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Donations and Grants: ILA is a public charitable trust (registered under Indian Trusts Act, 1882). Financial contributions are its primary funding mechanism, with donations acknowledged via Platinum, Gold, Silver, and Bronze Badges based on contribution levels (₹1 crore+, ₹50 lakh+, ₹25 lakh+, ₹10 lakh+). Donations are exempted under Section 80G of the Income Tax Act.
2. CSR Contributions: ILA accepts CSR contributions and grants as part of its funding model. Its CSR-1 Registration No. is CSR00035936. Contributions support ILA projects, research chairs, and programs.
3. Fellowship Program Fees: ILA Fellowship Programme recognises distinguished leadership, public service and contribution in the field of insolvency. The programme generates recognition-based revenue and supports institutional development.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Insolvency Law Academy is an independent think tank and research institution that conducts policy research, builds academic and professional communities, and delivers educational programs in insolvency and bankruptcy law. It operates scholarly forums, research chairs, regional centres at partner universities, an international moot competition, and a digital resource archive, primarily serving academics, regulators, insolvency professionals, and distressed-asset investors in India and globally. The organization is funded through donations, grants, and CSR contributions as a public charitable trust.

Product overview

Insolvency Law Academy is an independent think tank and research institution focused on insolvency law policy, research, and education in India. The organization operates as a platform-plus-network model consisting of multiple interconnected programs: three scholarly forums (Insolvency Scholars Forum for academics, Emerging Scholars Group for early career professionals, and Stressed Assets Stakeholders Forum for investors); a network of five Regional Centres for Insolvency and Bankruptcy established with partner universities; six Research Chairs covering specialized insolvency topics; educational initiatives including the School for Advanced Insolvency Studies, Columbia Law School partnership, and IBCThink Factory masterclass residency; resource services such as the Justice D.P. Wadhwa Insolvency Resource Centre, proposed Terry Taylor Asian Library, and Arun Jaitley Mediation Centre; the ILA Fellowship Programme for professional recognition; creative initiatives including the Patrick Ang ILA International Short Story Contest; and publications including the International Insolvency Review journal and newsletter. The organization does not offer software products or APIs but provides knowledge services, research platforms, and educational programs to the insolvency industry.

Differentiator

Problem solved

Functional benefit

Brands

• Insolvency Scholars Forum (ISF): A forum to bring together academics in pursuit of education, research, and scholarship in insolvency law
• Emerging Scholars Group (ESG)
• Stressed Assets Stakeholders Forum (SASF)
• Justice D.P. Wadhwa Insolvency Resource Centre
• Arun Jaitley Mediation Centre
• Terry Taylor Asian Library of Insolvency Publications
• IBCThink Factory
• ILA Fellows Programme

Products and services

• Insolvency Scholars Forum (ISF) A scholarly forum bringing together academics in pursuit of education, research, and scholarship in insolvency law. It serves as a credible resource for ILA's research initiatives and mentors young researchers globally.
• Emerging Scholars Group (ESG)
• Stressed Assets Stakeholders Forum (SASF)
• Justice D.P. Wadhwa Insolvency Resource Centre
• Arun Jaitley Mediation Centre An independent mediation centre established jointly with Shri Arun Jaitley Foundation to facilitate resolution of disputes through mediation in the insolvency spectrum, also serving as an advocacy body to promote mediation and develop mediators.
• IBCThink Factory (Masterclass Residency)
• School for Advanced Insolvency Studies
• Regional Centres for Insolvency and Bankruptcy Network of five regional research centres established in collaboration with top national universities in India and Nepal for conducting high quality research and training in insolvency and bankruptcy issues.
• ILA Fellowship Programme
• ILA Research Chairs
• Patrick Ang ILA International Short Story Contest on Insolvency and Bankruptcy Laws An annual international creative writing competition exploring insolvency law themes through literature, honouring the memory of Late Patrick Ang Peng Koon, with annual prize of INR 1,00,000 plus plaque.
• International Insolvency Review (IIR) Journal
• Indian Insolvency Law Module at Columbia Law School

Quantifiable outcome

• 13 formal institutional partnerships/MoUs with universities and international bodies
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered core and secondary.

• Rajiv Gandhi National Law University (RGNLU), PunjabcoreStrategic or Co-development Partner · 11 April 2026MoU signed on 11 April 2026 with the Insolvency and Bankruptcy Law Division (IBLD-CBLT) of RGNLU. Aims to advance legal education in insolvency and bankruptcy law, build capacity among early-career professionals, and enable collaborative research and academic initiatives.
• Aviation Working Group (AWG)coreStrategic or Co-development Partner · 30 March 2026MoU signed on 30 March 2026 between ILA President Sumant Batra and AWG Secretary General Jeffrey Wool. Both ILA and AWG have cooperative working arrangements with UNIDROIT (legal depositary of the Cape Town Convention). They aim to actively promote Cape Town Convention work and collaborate on aviation insolvency-related research and standards.
• NALSAR University of LawcoreStrategic or Co-development Partner · 12 April 2025MoU signed on 12 April 2025 to undertake joint studies, research, and other activities to contribute to making India's insolvency framework more robust.
• National Law University Delhi (NLUD)coreStrategic or Co-development Partner · 19 October 2023MoU signed on 19 October 2023 to collaborate to help strengthen India's insolvency and bankruptcy framework through various projects of knowledge development, research, and capacity building. A Steering Committee guides the collaboration. Also hosts Regional Centre for Insolvency and Bankruptcy in Delhi.
• ICFAI Law School HyderabadcoreStrategic or Co-development Partner · 29 July 2023MoU signed on 29 July 2023 to explore cooperation and collaboration on educational program content and research and capacity building in insolvency. Agreed to set up a Regional Centre for Insolvency and Bankruptcy and a Chair on Bank Insolvency at the Hyderabad campus.
• UNIDROIT-International Institute for the Unification of Private LawcoreStrategic or Co-development Partner · 2 July 2023MoU signed on 2 July 2023 to work together in areas of common interest. MoU was executed and exchanged in New Delhi with UNIDROIT Secretary-General Prof. Ignacio Tirado and Justice A.K. Sikri (Chairman, ILA Global Advisory Board) signing on behalf of their respective institutions.
• Nepal Law CampussecondaryStrategic or Co-development Partner · 22 June 2023MoU signed on 22 June 2023 at Nepal Law Campus with Dean Krishna Prasad Bashyal attending. Signed by Sumant Batra and Dr. D.N. Parajuli (Campus Chief). Focus on specialised training programs, joint research initiatives, and academic exchanges.
• Dvara Research FoundationcoreStrategic or Co-development Partner · 13 June 2023MoU signed on 13 June 2023 to jointly establish a Chair for Personal Insolvency to serve as home for various research projects relating to personal insolvency and MSMEs. The initial term is three years. Steering Committee administers the Chair. Dvara Executive Director Dr. Indradeep Ghosh and Sumant Batra signed the agreement.
• INSOL IndiacoreStrategic or Co-development Partner · 3 February 2023MoU signed on 3 February 2023 at New Delhi to explore opportunities and collaborate on research projects and programmes in the area of insolvency and other activities for the benefit of the insolvency ecosystem in India and beyond.
• UNCITRAL National Coordination Committee India (UNCCI)coreStrategic or Co-development Partner · 14 January 2023MoU signed on 14 January 2023 to collaborate on projects and programmes in the area of cross-border insolvency, including promoting awareness, developing educational and training programmes, undertaking research, and jointly setting up a Chair of Cross Border Insolvency in India.
• Federation of Indian Micro and Small & Medium Enterprises (FISME)secondaryStrategic or Co-development Partner · 1 January 2022MoU signed in 2022 to collaborate for research and policy development in the areas of SME insolvency. FISME supported the ILA National Short Story Contest on Insolvency and Bankruptcy, with the winner announced on 4 February 2023.
• O.P. Jindal Global UniversitycoreStrategic or Co-development PartnerResearch Collaboration Agreement to explore cooperation on various insolvency and commercial law projects including research reports, articles, and conferences. First project: Diversity and Representation in Insolvency, supported by ASC Insolvency Services LLP.
• National Law Institute University (NLIU), BhopalsecondaryStrategic or Co-development PartnerMoU to collaborate on knowledge development, research, and capacity building in insolvency and related areas. Agreed to work together (as part of Insolvency Scholars Forum) to develop the community of academics. ILA agreed to support NLIU in delivery of Graduate Insolvency Programme course.
• Columbia Law SchoolsecondaryStrategic or Co-development PartnerILA will teach Indian Insolvency Law in a 2-credit module at Columbia Law School, enabling cross-border academic collaboration in insolvency education.
• Burford CapitalsecondaryStrategic or Co-development PartnerJoint Study on Price Discovery in Distressed Assets undertaken with Burford Capital. Study to identify impediments in optimising litigation funding, suggest solutions, prepare policy briefs, and build awareness. Led by Sanjeev Pandey (DSK Legal, Ex Head IBC, SBI) and Dr. Sulette Lombard (University of South Australia).
• Arun Jaitley FoundationcoreStrategic or Co-development PartnerMoU signed on 4 February 2023 to jointly establish Arun Jaitley Mediation Centre — the first of its kind — an independent mediation centre to facilitate resolution of disputes through mediation in the insolvency spectrum. Also serves as an advocacy body to promote mediation and develop mediators.
• Kathmandu University (School of Law), NepalcoreStrategic or Co-development PartnerPartnership for setting up Regional Centre for Insolvency and Bankruptcy at Kathmandu University School of Law campus. The Centre will facilitate learning and research in insolvency, knowledge transfer, and interaction between Nepalese and Indian students. Steering Committee formed with 4 members (2 from each institution).
• Business Recovery and Insolvency Practitioners Association of Sri Lanka (BRIPASL)secondaryStrategic or Co-development PartnerBi-lateral roundtable agreed to be set up by ILA and BRIPASL to serve as a platform for continuous dialogue and knowledge exchange. ILA team visited Colombo 26–28 April 2023 to understand Sri Lanka's insolvency law reform efforts.
• World Bank GroupcoreStrategic or Co-development PartnerWorld Bank and ILA collaborating to join efforts to build and develop a robust insolvency industry in Sri Lanka. The World Bank is supporting insolvency law reform in Sri Lanka through a technical assistance programme, and ILA is collaborating with the World Bank in this effort.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• INSOL International: Global federation of insolvency professional associations and practitioners. Most directly comparable peer: both convene the insolvency community globally, focus on scholarship, standards, and cross-border knowledge exchange, and ILA's founder served as its youngest and first Asian President.
• American College of Bankruptcy: US honorary association of bankruptcy and insolvency professionals and scholars. Highly comparable: recognises distinguished leadership via fellowship (the ILA Fellows Programme mirrors this), convenes academics and judges, and ILA's founder is one of its International Fellows.
• INSOL India: Indian membership body for insolvency professionals. Direct comparable: operates in the same Indian insolvency ecosystem, has an MoU with ILA for joint research and programmes, and pursues overlapping objectives around capacity building and best practices.

Broad incumbents

• Insolvency and Bankruptcy Board of India (IBBI): Statutory regulator for India's insolvency framework under the IBC, 2016. Operates upstream of ILA with policy authority; ILA engages IBBI through working groups, roundtables, and policy submissions, making it a stakeholder more than a direct competitor, but the most relevant Indian institutional peer in the same policy domain.
• UNCITRAL: United Nations Commission on International Trade Law, the primary multilateral body producing model insolvency laws (e.g., UNCITRAL Model Law on Cross-Border Insolvency). An ILA partnership co-establishes a Chair of Cross Border Insolvency in India, and both bodies work on cross-border insolvency frameworks.
• Turnaround Management Association (TMA): Global nonprofit community of turnaround, restructuring, and distressed-adasset professionals with education, certification, and networking programmes. Operates in an adjacent professional community and shares the conference, education, and standards-set mission; serves a wider geography rather than competing head-on.
• World Bank Group (Doing Business / ICR Insolvency Reform): Multilateral institution that runs insolvency indicator work, reform technical assistance, and capacity-building programmes globally. Both organisations collaborate on Sri Lanka insolvency reform and engage around the same reform agenda, making WB the leading global incumbent in insolvency thought leadership.
• UNIDROIT: International Institute for the Unification of Private Law, working on private-law harmonisation including insolvency and digital assets. Active ILA partner that worked together on the Cape Town Convention and UNIDROIT Principles on Digital Assets, with an active ILA working group on the latter.

Regional players

• R3 (UK Restructuring Profession): UK trade association for restructuring, insolvency, and turnaround professionals. Functionally comparable community-building organisation for the insolvency profession, but with a UK-centric membership versus ILA's India-centric footprint.

Emerging players

• O.P. Jindal Global University (Jindal Global Law School): Indian private research university with a leading law school active in commercial and insolvency law, and a research collaboration partner of ILA. Comparable as an emerging academic player with overlapping insolvency scholarship; its faculty and centres represent potential adjacent competition for research output and student pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/insolvency-law-academy
• Instagraminstagram.com/insolvency_law_academy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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Frequently asked questions about Insolvency Law Academy