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Insolvency and Bankruptcy, Law and Practice

Past ICSI exam questions for CS Professional Insolvency and Bankruptcy, Law and Practice (Elective Paper 7.5), taken out of the question papers and arranged chapter by chapter in the current ICSI order, each with ICSI's suggested answer.

328questions
16chapters
13attempts
Start with chapter 1Chapter weightage
Attempts covered

Every attempt from June 2019 to June 2026, except December 2023.

328 questions across 13 attempts

Chapter weightageMarks per chapter in every paper, averages, trends and the provisions asked most. Tap through to the exact questions.
How to use this

Three steps

  1. Open a chapter.
  2. Try the question.
  3. Tap Show answer.

Good to know

  • CoversJune 2019 onwards, both syllabi.
  • AnswersICSI's own, word for word.
  • Law changedTagged where the law has moved since.
  • Left outDropped topics, and attempts with no ICSI answer yet (December 2023).
Part I · The Code and Corporate Insolvency
  1. 01Introduction to Insolvency and Bankruptcy Code13 questions5 cross-ref
  2. 02Corporate Insolvency Resolution Process143 questions45 cross-ref3 law changed
  3. 03Resolution Strategies11 questions11 cross-ref
  4. 04Liquidation of Corporate Person40 questions23 cross-ref1 law changed
  5. 05Voluntary Liquidation of Companies26 questions
  6. 06Adjudication and Appeals for Corporate Persons13 questions27 cross-ref
  7. 07Pre-Packaged Insolvency Resolution Process9 questions
Part II · Recovery, Winding Up, Individuals and Cross-Border
  1. 08Debt Recovery & Securitization15 questions2 cross-ref
  2. 09Winding-Up by Tribunal2 questions4 cross-ref
  3. 10Insolvency Resolution of Individual and Partnership Firms9 questions3 cross-ref
  4. 11Bankruptcy Order for Individuals and Partnership Firms5 questions5 cross-ref
  5. 12Bankruptcy for Individuals and Partnership Firms5 questions6 cross-ref
  6. 13Fresh Start Process9 questions
  7. 14Professional and Ethical Practices for Insolvency Practitioners17 questions10 cross-ref
  8. 15Group Insolvency1 question
  9. 16Cross Border Insolvency10 questions1 cross-ref