Answer :- Limited Insolvency Examination.

Answer :- The LIE is conducted by the Insolvency and Bankruptcy Board of India (IBBI).

Answer :- LIE evaluates a candidate’s ability to apply legal concepts in insolvency situations.

Answer :- Focus on statutory mapping, timelines and role matrices. Practice timed case-based MCQs.

Answer :- Information-based questions: 25 Marks
Case law/Study-based questions: 75 Marks

Answer :- The exam includes 65 Multiple Choice Questions (MCQs) of 100 marks:
• 35 Case-Based MCQs (2 marks each)
• 30 Standalone MCQs (1 mark each)

Answer :- A candidate must score at least 60 out of 100 to pass the exam.

Answer :- 70% of the total marks come from case studies. This is the most crucial section.

Answer :- Primarily the IBC Code.

Answer :- • CIRP & Liquidation (2 case studies – 20 marks each)
• PPIRP (1 case study – 8 marks)
• Individual Insolvency (1 case study – 8 marks)
• Business & General Laws (1 case study – 8 marks)
• Ethics (1 case study – 6 marks)

Answer :- 77%

Answer :- Though they carry a combined 10% weight (IBC - 4%, Regulations - 6%), they have 100% relevance—you must understand them thoroughly to succeed in the case studies and MCQs.

Answer :- Case laws contribute 5% directly and 62% indirectly.

Answer :- 80 Acts + IBC (but no worries, you’ve gone through the head/tail of every Act).

Answer :- Business Laws: Companies Act, Contract Act, LLP & Partnership Act
General Laws: NI Act, Limitation Act, CPC, SEBI, PMLA, MSME Act, RERA, Transfer of Property Act, and DPDP Act, 2023.

Answer :- Yes, though only 4% in weight, topics like valuation principles (DCF, NAV), financial ratios, and audit objectives are easy to score if conceptually clear.

Answer :- Start with the IBC Code, understand the ‘why’ and ‘how’ of each section, and link them with relevant regulations.

Answer :- It helps you map who does what (RP, AA, CoC, IBBI, Liquidator)—critical for answering real-world scenario questions.

Answer :- Prepare a one-line digest for each case covering the:

• Statutory provision
• Brief facts
• Legal ratio or outcome

Answer :- Ideally 10 full mock tests under exam conditions, with a focus on post-test analysis to identify weak areas.

Answer :- To improve speed, accuracy, and confidence—aim for 50–100 MCQs daily, focusing on conceptual clarity, procedural flow, and case-based logic.

Answer :- It helps track recurring mistakes so you can revise smarter, not harder.

Answer :- Use colour-coded timelines, mnemonics for thresholds, and focus on role-based responsibilities.

Answer :- No need as an LIE student; read them after passing the exam.

Answer :- Think like a professional, not a student. Don’t panic at tough questions. Trust logic, jurisprudence, and your process.

Answer :- We provide a complete and structured toolkit comprising of:

• 6,000+ MCQs covering CIRP, PPIRP, Liquidation, Individual Insolvency & Ethics
• 1,000+ case studies simulating exam-style scenarios
• 1,000+ MCQs covering Business Laws & General Laws
• 500+ business law case studies
• Summaries of all 80 landmark case laws (1–2 pages each)
• 800+ MCQs based on case laws (SC, HC, NCLAT, NCLT)
• 60% coverage from each bullet will transform you from a student to an IP.
• Insights, checklists, and cross-references to connect sections with rules and roles

Answer :- Yes. All content is AI-generated to reflect real exam patterns, ensuring practical thinking over rote learning.

Answer :- Yes, including judgment-style dilemmas, homebuyer issues, CoC bias, and professional boundaries.

Answer :- Absolutely. It’s designed for working professionals who need focused, high-yield content without wasting hours.

Answer :- It helps you think like the examiner—before passing as well as after passing the exam.