Post Graduate Diploma in Insolvency & Arbitration

Post Graduate Diploma in Insolvency & Arbitration (PGDIA2) 

A Professional Specialized Skill Training Program by Indian Arbitration Institution (IAI)

• Eligibility: Any Basic Qualification or any Formal Education with Diploma or Graduation appearing or passed.

• Total Fees: Rs. 7,500/-
  (Everything Included from Admission, Course Fees and Delivery of Certificate, no additional Fees Apart from it)

• Mode: Online

• Study Material:  Will be provided through Learning Dashboard/Portal

• Learning Type: Self Paced

• Duration:  3 Months (Preferably, but can be completed anytime as soon as you give the Exam)

• Enrollment:  Any Time, there is no Fixed Enrolment Date or Day. A candidate can choose any time and the enrolment will be processed real time.

• Exam: One Online Exam, MCQ and Subjective Type Questions of 100 Marks. Passing Marks 40%. If unsuccessful, you can give additional two attempts.

• Procedure: Fill the Apply Now Form →  Pay the Requisite Amount of Fees by Clicking Pay Now Button → Then Click on Payment Confirmation button and fill the form with all the Details → Then login to the Dashboard.

Course Overview

The convergence of corporate distressed asset resolution and alternative dispute mechanisms has fundamentally transformed commercial law practice. In today’s financial ecosystem, corporate insolvencies frequently intersect with pre-existing contractual disputes, arbitral claims, and counterclaims. When a company enters insolvency proceedings, statutory moratoriums often clash with pending arbitral references, creating complex procedural deadlocks. Navigating these overlapping legal regimes requires specialized cross-disciplinary expertise. The Post Graduate Diploma in Insolvency & Arbitration (PGDIA2), launched by the Indian Arbitration Institution (IAI), delivers an integrated, practical framework addressing this dual domain.

The curriculum explores the operational mechanisms of insolvency frameworks alongside commercial arbitration systems. Participants examine the statutory lifecycle of corporate distress, including insolvency commencement, creditor committee negotiations, resolution plans, debt restructuring, and asset liquidation. Simultaneously, the program addresses institutional and ad hoc arbitration, party autonomy, tribunal composition, and the enforceability of domestic and international awards. The central focus remains on the critical intersection between the two fields: how insolvency filings affect arbitral proceedings, the arbitrability of commercial disputes during corporate distress, the treatment of arbitral awards as operational or financial debt, and the execution of monetary awards against companies under resolution or liquidation.

Through a balance of statutory analysis, procedural roadmaps, and contemporary case law, candidates gain actionable insights into debt restructuring, dispute management, and cross-border insolvency developments. The curriculum unpacks institutional workflows, evidentiary conventions, and tribunal case management protocols. Designed for graduates, legal professionals, corporate executives, and finance practitioners, the PGDIA2 bridges theory and real-world compliance, equipping learners with the strategic skills required to navigate high-stakes commercial disputes and distressed asset environments.

Course Structure and Modules

The tentative modules are as follows and are subject to continuous updates based on guidelines issued by the IAI Board of Skill Studies:

Module 1: Foundations of Corporate Insolvency and Resolution Frameworks

• Evolution, economic rationale, and core objectives of corporate insolvency laws.

• Initiation of Corporate Insolvency Resolution Processes (CIRP) by financial and operational creditors.

• Role and regulatory responsibilities of Resolution Professionals (RP) and Liquidators.

Module 2: Commercial Arbitration Fundamentals and Dispute Management

• Arbitration agreements, drafting dispute clauses, and the doctrine of separability.

• Constitution of arbitral tribunals, competence-competence (kompetenz-kompetenz), and interim measures.

• Conduct of arbitral hearings, case management conferences, and evidentiary procedures.

Module 3: The Interplay: Statutory Moratoriums vs. Arbitral Proceedings

• Scope of insolvency moratoriums on pending and fresh arbitral references.

• Arbitrability of disputes involving distressed corporate entities.

• Enforcement of arbitral awards during ongoing restructuring and insolvency.

Module 4: Creditor Rights, Committees, and Claims Adjudication

• Constitution, functioning, and voting thresholds of the Committee of Creditors (CoC).

• Treatment, verification, and admission of disputed arbitral claims as operational or financial debt.

• Formulation, commercial feasibility, and judicial approval of Resolution Plans.

Module 5: Liquidation Processes and Avoidance Transactions

• Triggers for corporate liquidation and the priority waterfall mechanism for asset distribution.

• Identification, investigation, and reporting of preferential, undervalued, extortionate, and fraudulent transactions.

• Asset tracing, sales of corporate debtor assets as a going concern, and tribunal oversight.

Module 6: Cross-Border Insolvency and International Arbitral Practice

• UNCITRAL Model Law on Cross-Border Insolvency and center of main interests (COMI) determination.

• Parallel foreign proceedings, reciprocal jurisdiction, and cross-border asset recovery.

• Recognition and execution of foreign arbitral awards against insolvent multinationals under the New York Convention.

Importance of Doing this Course

Corporate credit markets, restructuring mandates, and dispute practices demand professionals who understand both commercial contracts and corporate distress. Traditionally, arbitration and insolvency have been treated as separate disciplines. However, modern corporate litigation routinely links them: a disputed arbitral claim may push a debtor into insolvency, or a sudden insolvency filing can stall ongoing arbitral proceedings. Enrolling in the PGDIA2 prepares learners to manage these overlapping scenarios effectively.

First, this course develops cross-domain practical capability. Rather than analyzing dispute resolution or debt recovery in isolation, candidates learn how procedural choices in an arbitration influence eventual recovery if the counterparty faces distress. Learners gain insight into preserving claims, formulating resolution strategies, and protecting corporate assets within strict statutory timelines.

Second, the program builds critical regulatory literacy. Participants become familiar with creditor hierarchy models, avoidable transactions, institutional tribunal rules, and the binding nature of approved resolution schemes. For corporate in-house counsels, financial officers, and contract managers, this knowledge translates directly into mitigating commercial risk and drafting resilient contracts.

Finally, completing a focused post-graduate program under the Indian Arbitration Institution validates an individual's advanced understanding of contemporary commercial resolution practices. The specialized skill set built through the PGDIA2 equips participants to contribute meaningfully to corporate legal teams, restructuring advisories, and dispute resolution chambers handling complex corporate mandates.

Career Prospects

The combined focus on insolvency frameworks and commercial arbitration prepares candidates for analytical, strategic, and advisory roles across corporate sectors, financial institutions, and specialized dispute practices.

Insolvency and Restructuring Analysts: Graduates can support Registered Insolvency Professionals, specialized advisory firms, and asset reconstruction companies (ARCs). Responsibilities include verifying disputed claim ledgers, preparing information memoranda, analyzing financial statements, and evaluating resolution plans submitted by prospective resolution applicants.

Dispute Resolution and Arbitration Case Managers: Law chambers, corporate dispute teams, and institutional arbitral registries require professionals who understand both tribunal procedures and statutory stays. Candidates are prepared to draft dispute notices, manage procedural filings, assemble documentary evidence, and assist with arbitral hearings involving corporate counterclaims.

Corporate In-House Legal and Compliance Executives: Corporations in infrastructure, manufacturing, real estate, and finance seek specialists to track vendor defaults, manage debt recovery strategies, and oversee commercial arbitration. PGDIA2 holders can guide internal stakeholders through early-stage debt workouts and ensure compliance with insolvency statutes.

Banking and Credit Recovery Officers: Commercial banks and Non-Banking Financial Companies (NBFCs) manage stressed asset portfolios requiring rapid legal intervention. The program provides the foundational skills needed to assess whether to initiate debt enforcement, pursue institutional arbitration, or trigger corporate insolvency resolution against defaulting borrowers.

Necessary Details

The Indian Arbitration Institution has structured this program to offer flexible, accessible post-graduate skill training for working executives, graduates, and final-year students seeking specialized certification.

Eligibility To ensure wide access for candidates seeking to transition into or build upon commercial law practice, the criteria are:

• Any Basic Qualification or any Formal Education with Diploma or Graduation appearing or passed.

This broad entry requirement welcomes law students, commerce graduates, working paralegals, chartered accountants, company secretaries, and business executives.

Total Fees The all-inclusive fee for the program is Rs. 7,500/-. This single fee covers admission processing, complete dashboard access, online study resources, examination administration, and the physical printing and postal delivery of the post-graduate diploma certificate. There are no additional registration or hidden examination charges.

Mode and Study Material The course is delivered entirely Online. Once enrolled, participants receive access credentials for the dedicated Learning Dashboard/Portal. All Study Material—including module readers, case law digests, standard procedural templates, statutory guides, and reference literature—is accessible digitally through the portal.

Learning Type and Duration The program follows a Self-Paced learning structure. The suggested timeframe is 3 Months, allowing adequate coverage of all six modules. However, because learning is completely flexible, candidates may finish the materials earlier and take the online assessment whenever they feel prepared.

Enrollment Enrollment is open Any Time throughout the year. There are no fixed cohort start dates, cutoffs, or semester schedules. Applications and profile activations are processed in real time, granting immediate portal access.

Examination Structure Graduation requires completing One Online Exam comprising 100 Marks, divided between Multiple Choice Questions (MCQs) and Subjective Problem Questions.

• Passing Marks: 40%

• Retake Policy: Candidates who do not clear the initial exam can take up to two additional attempts at no supplementary cost.

Application Procedure

1. Apply: Complete the Apply Now Form on the official portal.

2. Pay: Pay the one-time fee of Rs. 7,500/- by clicking the Pay Now button.

3. Confirm: Select the Payment Confirmation button and submit the form with your transaction details.

4. Access: Log in to the personal Learning Dashboard to begin the modules immediately.