Consultant (Lawyer) Insolvency & Bankruptcy Code Reform | Not for Profit | 6 months | Delhi

The client is a Not for Profit Foundation based in New Delhi which closely works with senior stakeholders from the Indian Government.Project ObjectiveThe Consultant will lead research and policy development to strengthen India’s Insolvency and Bankruptcy process.Project DescriptionA Not for Profit foundation is looking for a Short-Term Consultant for Insolvency & Bankruptcy Code Reform for 6 month contract. Delhi - Full TimePurpose of the RoleThe Consultant will lead research and policy development to strengthen India’s Insolvency and Bankruptcy process. The engagement is structured around a Six-month analytical phase—comprising a systematic literature review, international benchmarking, and structured consultations with leading practitioners and policymakers—culminating in concrete, evidence-based reform recommendations. These outputs will help in improving insolvency resolution efficiency, recovery rates, and India’s credit markets.Engagement Structure &; WorkplanPhase 1: Diagnostic &; Evidence Synthesis• Conduct a systematic literature review of IBC implementation: NCLT/NCLAT orders, IBBI data, academic research, and CAG/committee reports.• Literature review of the statue law and changes if required• Analyse procedural bottlenecks in resolution timelines, recovery rates, valuation mechanisms, and treatment of secured and unsecured creditors.• Review pre-pack and fast-track insolvency frameworks and their uptake.• Map institutional gaps across NCLT bench capacity, IRP/RP availability, and information infrastructure.Phase 2: International Benchmarking &; Stakeholder• Benchmark India’s insolvency regime against leading jurisdictions (UK, US, Singapore, Germany) on efficiency, recovery, and creditor protection metrics.• Conduct structured consultations with key practitioners and policymakers to pressure-test findings and surface implementation-level insights.• Engage judges, insolvency professionals, lenders, lawyers, and industry associations to capture diverse stakeholder perspectives.• Identify reform levers with high feasibility and impact potential.Phase 3: Reform Recommendations &; Dissemination• Synthesise findings into four prioritised, actionable reform recommendations with clear rationale, implementation pathways, and risk considerations.• Draft policy notes, reform briefs, and presentations for relevant government stakeholders.• Support presentation of findings at policy dialogues and stakeholder workshops.• Contribute background research for government-facing engagements and briefings as required.Key Responsibilities1. Research &; Analysis• Deep-dive research on IBC priority areas: timelines, recovery rates, valuation, creditor treatment, pre-pack and fast-track processes.• Analysis of NCLT/NCLAT orders, IBBI datasets, and case records to identify systemic bottlenecks.• Synthesis of findings into actionable, evidence-backed insights for policymakers and regulators.2. Stakeholder Engagement• Plan and conduct structured consultations with judges, insolvency professionals, lawyers, lenders, and industry associations.• Build relationships with practitioners to access ground-level implementation insights.3. Policy Writing &; Knowledge Dissemination• Draft policy papers, reform notes, and toolkits focused on IBC strengthening.• Prepare briefing materials and presentations for policy dialogues and government engagements.Qualifications &; Experience• LLB mandatory (3- or 5-year degree from an Indian university).• 5–7 years of experience as a practising lawyer in India.• Strong working knowledge of India’s insolvency and restructuring ecosystem,including IBBI regulations and NCLT/NCLAT practice.• Prior exposure to policy research, regulatory reform, or advisory work is an advantage.• Excellent written communication skills; ability to translate complex legal and institutional analysis into clear policy language.Scope of Work (for the Consultancy Agreement)• Conduct rigorous policy and legal research on India’s insolvency regime under the IBC.• Carry out a systematic literature review drawing on IBBI data, tribunal orders, academic literature, and committee reports.• Undertake international benchmarking to identify global best practices in insolvency resolution. • Conduct structured stakeholder consultations with key practitioners, policymakers, and institutional experts.• Diagnose institutional and regulatory bottlenecks affecting IBC process efficiency.• Develop four prioritised, evidence-based reform recommendations with implementation guidance.• Prepare structured policy notes, research briefs, and analytical presentations for internal strategy and policy dialogue.• Support government-facing engagements through background research and briefing materials.• Collaborate across workstreams and contribute to multiple research and strategy deliverables in a fast-paced policy environment.Desired profileLLB mandatory, 5–7 years of experience as a practising lawyer, strong knowledge of India's insolvency ecosystem.Desired Domain experience5–7Project Location/OfficeNew Delhi (Also open to remote)Desired Project Duration6 months

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