IBBI Invites Applications for Research Associates on Contract Basis – 2024 (Remuneration – Rs 80,000 p.m.)

The Insolvency and Bankruptcy Board of India (IBBI) is inviting applications for the position of Research Associates on a contract basis. This opportunity is ideal for law professionals with an interest in insolvency and bankruptcy law who wish to work directly with the IBBI in assisting its critical functions under the Insolvency and Bankruptcy Code, 2016.

Key Dates and Summary Table

ParameterDetails
Application Deadline6th November 2024
Application ModeOnline submission only
PositionResearch Associate – Level II
Number of Vacancies4
Monthly Remuneration₹80,000 + 10% annual increase
Experience Requirement3 to less than 5 years
Essential QualificationLL.B. or equivalent
Desirable QualificationsLL.M., Doctorate, Certifications in relevant areas

Position Overview

The position is initially for a period of one year, which may be extended based on the performance of the candidate and the requirements of the Board. Below are the essential details for candidates interested in this role.

  • Position: Research Associate – Level II
  • Discipline: Law
  • Number of Vacancies: 4

Eligibility Criteria

To be considered for the Research Associate role, candidates must fulfill the following requirements:

  • Educational Qualification:
  • Essential: LL.B. or equivalent from a recognized university or institution.
  • Eligibility for Enrollment: Qualified to be enrolled as an Advocate under the Advocate’s Act, 1961.
  • Desirable: Additional qualifications such as an LL.M., a doctoral degree in law, or certifications in regulatory, business law, or economics will be advantageous.
  • Experience:
  • Candidates should have at least 3 to less than 5 years of experience in the relevant discipline, particularly in areas like NCLT/NCLAT, IBBI, IBC, or insolvency.

Key Responsibilities

The selected Research Associates will assist the IBBI in implementing and administering the Insolvency and Bankruptcy Code, 2016, through various research and advisory tasks. This includes:

  • Conducting legal research on matters relating to insolvency and bankruptcy.
  • Assisting in drafting and reviewing legal documents.
  • Providing analytical support and advice on IBC-related issues.
  • Assisting in preparing reports, guidelines, and other policy documents related to the functioning of the Board.

Remuneration

The consolidated monthly remuneration for the position of Research Associate at Level II is ₹80,000, with a 10% annual increment based on performance.

Application Process

Interested candidates should note the following application procedure:

  1. Submission Mode: Applications are to be submitted online only. Candidates can apply via the official IBBI portal at www.ibbi.gov.in.
  2. Documents Required:
  • Candidates should upload scanned copies of all supporting documents, including proof of date of birth, educational qualifications, and relevant experience certificates.
  • If marks are given in grades, equivalent percentages must also be provided as per the norms of the issuing institution.
  1. Deadline: The last date for submitting applications is 6th November 2024.

Important Instructions for Candidates

  • Shortlisting: Only candidates meeting the eligibility criteria and providing complete documentation will be shortlisted for interviews.
  • Communication: All communication will be conducted through the email address provided by candidates in their online application.
  • Original Documents: Shortlisted candidates must provide original documents at the time of the interview.
  • Application Accuracy: Applications with incomplete or inaccurate details will be rejected.

For more information, please visit the official IBBI website.

Click Here for the Official Notification

Disclaimer

All efforts are made to ensure the accuracy and correctness of the information published at Legally Flawless. However, Legally Flawless shall not be responsible for any errors caused due to oversight or otherwise. The users are advised to check the information themselves.

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