UPES’s national insolvency law moot court competition concludes

UPES School of Law National Insolvency Law Moot Court Competition, 2018” concludes.  The ‘School of Law, UPES in collaboration with ‘Surana & Surana’ International Attorneys, Chennai & New York’, organized the 3-day long moot competition with an objective to promote the significance of Insolvency Laws and the immense scope this field has to offer in the future.

Briefing on the event UPES Senior Director – Public Affairs, Arun Dhand shared that “Surana & Surana” have entered into a MOU with UPES to co-host nine such annual National Moot Court competitions going forward. India’s renowned legal portal ‘AIR Law Academy & Research Centre’ were the ‘Knowledge Partner’ while India’s most popular and trusted website for law students ‘Lawctopus’ were the media partner for this event he informed.

The moot court theme for this year was based on ‘Insolvency and Bankruptcy Code, 2016’. 18 Teams from reputed National Law Schools, Central Universities, State Universities and prestigious Law Schools/Colleges across India participated in this competition. Some of the well-known included Hidayatullah National Law University – Raipur;  IIT – Kharagpur;  University Institute of Legal Studies – Panjab University; Christ School of Law – Bangaluru; New Law College, BVDU – Pune;  Law Centre -2, University of Delhi;  His Highness Government Law College – Ernakulam, Kerala;  Amity University – Gwalior; School of Excellence in Law – Tamil Nadu; Dr. Ambedkar Law University – Chennai;  Pravin Gandhi College of Law – Mumbai .

 Justice Umesh Chandra Dhyani, Chairman – Uttarakhand Public Services Tribunal, Dehradun had inaugurated the event as its Chief Guest. Addressing the gathering, the Chief Guest enlightened the budding lawyers of the nation with his profound knowledge as he shared his insights on the Insolvency and Bankruptcy Code. Sharing his vast judicial exposure amongst the participating teams & students, he also guiding them for their future endeavors.

After the Preliminary Oral Rounds marked with zealous intellectual debates, ‘8 Teams’ got shortlisted for the quarterfinals. The intense arguments, adept rebuttals & sur-rebuttals and graceful answers to the bench’s questions in the quarterfinal rounds made the job tough for the Judges to declare the ‘Top 4’ teams for the Semi Finals. The level of competence & knowledge base of the Quarter-finalists Teams won many an appreciations from the judges. Both Semi-finals were intensely fought  and saw New Law College, BVDU – Pune and Hidayatullah National Law University – Raipur making it to the ‘Finals’ where New Law College, BVDU – Pune were eventually adjudged the ‘Winners’ of this event. The panel of Jury had 37 subject matter experts comprising of senior advocates; judges; partners & associates of top law firms; representatives of governmental bodies; academicians.

The ‘Winners’ won a Cash Prize of Rs. 20,000/- while the ‘1^st Runners-up’ Team Hidayatullah National Law University – Raipur won Rs. 15,000/-. The ‘Winners’, ‘1^st Runners-up’ and Team Pravin Gandhi College of Law – Mumbai as the ‘2^nd Runners-up’ also won a one year ‘AIR’ subscription worth Rs. 1.20 Lakhs each from the ‘Knowledge Partner’ – AIR Law Academy and Research Centre. The ‘Best Memorial’ Award comprising of a Cash Prize of Rs. 5,000/- also went to the New Law College, BVDU – Pune while its student Rishab Shukla won the ‘Best Researcher’ Award winning a ‘Book Hamper’ along with a Certificate.  UILS – Panjab University student Jap Sahej Singh won the ‘Best Student Advocate’ Award with a Cash Prize of Rs. 5,000/-. The ‘2^nd Best Memorial Award’ offering a Cash Prize of Rs. 2,500/- was won by Pravin Gandhi College of Law – Mumbai while Shubham Gupta from UILS – Panjab University won the ‘2^nd  Best Student Advocate Award’ with a Cash Prize of Rs. 2,500/-. Laveena Dave from the New Law College, BVDU – Pune lifted the ‘Best Speaker of the Final Rounds’ that granted her a prestigious internship with Advocate Sumant Batra, declared as Best Insolvency Lawyer of India by Legal500. All the winners received individual plaques for their respective awards.