IBBI Limited Insolvency Exam Eligibility and Registration
IBBI sets no entry bar for the exam itself. The bar comes later, when you register as an insolvency professional.
IBBI does not publish any minimum age, degree or experience requirement for sitting the Limited Insolvency Examination. The registration portal asks for your email, identity details, a photograph and your PAN card, and nothing about your qualifications.
The qualifications come later. Passing the exam is one of three conditions for registering as an insolvency professional under regulation 5 of the IBBI (Insolvency Professionals) Regulations, 2016. IBBI's own FAQ tells candidates to check they meet those conditions, or the conditions of the job that needs the pass, before taking the exam.
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Check the Experience Rule Before You Pay
A pass is only usable for 24 months when you enrol with an insolvency professional agency. If you are still years short of the experience regulation 5 requires, a pass today will lapse before you can use it.
Who Can Register as an IP After Passing
Regulation 5(c) requires one of these, on top of the exam pass and the pre-registration course.
| Route | What you need |
|---|---|
| Chartered accountant, company secretary, cost accountant or advocate | 10 years' experience as a member of ICAI, ICSI or ICMAI, or enrolled with a Bar Council |
| Law graduate | 10 years' experience in the field of law after a bachelor's degree in law |
| Management postgraduate | 10 years' experience in management after a master's in management or a two-year full-time PGDM |
| Any graduate | 15 years' experience in management after a bachelor's degree |
| Post Graduate Insolvency Programme | Successful completion of the IBBI-approved programme, with no experience requirement |
What Rules You Out of IP Registration
Regulation 4 bars registration, whatever your exam score, if you:
- check_circleare a minor, or are not resident in India;
- check_circlehave been convicted of an offence carrying more than six months' imprisonment, or one involving moral turpitude, within the last five years (or sentenced to seven years or more, at any time);
- check_circleare an undischarged insolvent, or have applied to be adjudicated one;
- check_circlehave been declared of unsound mind; or
- check_circleare not a fit and proper person, judged on integrity, reputation, character and competence.
See the question style before you book a slot.
How to Register and Book the Exam
Everything happens online on the portal run by IBBI's test administrator, NSEIT. Start from IBBI's Limited Insolvency Examination page and click "Register and Enrol Online".
- 1
Stage 1: Create your account
Enter your email address and identity details, set a password, and upload your photograph and PAN card. Verify your email from the activation link. Registration is free and one-time: create a single user ID and use it for every attempt.
- 2
Stage 2: Book a seat and pay
Log in, open the Book Seat tab, and choose a test city, centre, date and time. Check free slots under Center Details first. Pay the ₹5,900 fee by debit card, credit card or net banking to confirm the booking.
- 3
Download your admit card
It appears under the Candidate Dashboard once the payment goes through.
- 4
Stage 3: Sit the exam
Reach the centre 30 minutes early with the printed admit card and an original PAN card, Aadhaar card or passport.
- 5
If you don't pass
Repeat stages 2 and 3. The payment link reopens 24 hours after your earlier slot, and the next attempt must be at least 21 days after the last.
Your Certificate Uses Your Registration Details
IBBI prints the pass certificate from the details you enter when you register. Correcting it later means returning the original certificate with a notarised affidavit, so check your name and details carefully at stage 1.
Who to Contact
- Booking, slots, payment, rescheduling
- NSEIT, the test administrator: [email protected], 022-62507713 (9:30 to 5:30, Monday to Saturday, except holidays).
- Anything else about the exam
- IBBI's Limited Insolvency Examination Division: [email protected].
- Whether your degree or experience qualifies
- IBBI's Insolvency Professionals Division: [email protected]. IBBI's FAQs on registration as an IP (ibbi.gov.in/faqs) cover this too.
IBBI Exam Eligibility: Common Questions
Who is eligible for the IBBI Limited Insolvency Examination?expand_more
IBBI sets no published age, degree or experience requirement for taking the exam. The requirements in regulation 5 apply when you register as an insolvency professional after passing.
Can a CA, CS or CMA student take the exam?expand_more
Nothing in IBBI's rules stops you sitting it. But registering as an IP needs 10 years as a qualified member (or another regulation 5 route), and the pass must be used within 24 months, so an early pass will usually lapse.
What documents do I need to register?expand_more
An email address, your identity details, a photograph and your PAN card. On exam day, bring the admit card and an original PAN card, Aadhaar card or passport.
Is there a registration fee?expand_more
No. Registration on the portal is free. You pay the exam fee of ₹5,900 (₹5,000 plus GST) each time you book an attempt.
Check Before You Apply
IBBI revises the fee, syllabus and exam rules from time to time and announces each change on its Limited Insolvency Examination page. Confirm the latest there before you book or pay.
Next steps
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