Name
Drishti Shukla
Name of the College
Indore Institute of Law, Indore, Madhya Pradesh.
Name of the Organisation
The office of CA Teena Saraswat Pandey, 387-F/114, Scheme Part-1, Behind Diksha Boys Hostel, Sant Nagar, Indore, (M.P.).
Duration of Internship
July 29, 2025 – August 31, 2025
How did you apply?
I had decided to apply for this internship after noticing the opportunity through professional networking and approached CA Teena Saraswat Pandey, ma’am. I received the offer after submitting my CV and expressing that I would like to work in insolvency and company law.
First-Day Formalities, Infrastructure, and First Impression
The first day gave me an introduction to how the internship would be structured, what tasks I would be dealing with, and the need to be very accurate when writing and documenting work.
As the majority of the work consisted of helping with CIRP issues and monitoring NCLT cases, I was informed about the procedural processes and the way of reporting.
The atmosphere was professional and meticulous, and initially, I was under the impression that the internship would provide me with profound practical experience in insolvency and company law practice.
Main Tasks
The internship was about practical training in insolvency and corporate litigation. I assisted in the preparation and filing of legal documents, applications, notices, and supporting materials related to NCLT.
One of the highlights was the observation of NCLT proceedings and the sight of the Insolvency and Bankruptcy Code (IBC) at play. I was also actively involved in the Corporate Insolvency Resolution Process (CIRP) in cases handled by the Resolution Professional, which introduced me to real-life insolvency issues.
I also submitted legal forms and read legal provisions and amendments pertaining to CIRP. These activities enhanced my research and writing abilities and enriched my knowledge of the procedural and compliance imperatives within the framework of IBC.
Work Environment
The hands-on learning also made the place of work during this internship professional, organized, and focused. I also observed the manner in which CIRP cases were dealt with by the Resolution Professional.
This made me familiar with the legal and financial side of how bankruptcies are carried out. The group was sociable, and I received assistance whenever I required it. This facilitated easy completion of my work and learning from mistakes made.
NCLT hearing sessions contributed to my learning. I was able to observe the way lawyers argue and how judges think. The workplace provided me with the liberty to work on my own but had some senior mentors. It was difficult as well as satisfying.
Good Things about the Internship
The best experience during this internship was the understanding of what occurs in a real-life case prior to the NCLT, and during the Corporate Insolvency Resolution Process. I observed the flow of insolvency matters, how documents are written and submitted, as well as the value of getting things right.
This was a unique opportunity to put my theoretical knowledge into practice by assisting the Resolution Professional with the ongoing case. The NCLT hearings made me understand how court work is performed and how the judges make decisions under the IBC.
The combination of writing, documentation, investigations, and oral hearings turned the internship into a full and satisfactory one.
Bad Things about the Internship
A weakness of the internship was the high level of technical knowledge of insolvency law, which is especially hard to grasp when CIRP is concerned with both law and money.
Sometimes, I found myself doing repetitive tasks associated with filing and documentation, but I later understood why it was necessary to develop accuracy and be keen on detail.
The other problem was that due to the characteristics of the tribunal processes, there were delays or postponements, which restricted the quantity of live hearings I could attend.
Although the disadvantages were minor, the learning process was very useful.
Monthly Stipend
None
Details about the accommodation and commuting to the Office
The internship also involved attending NCLT hearings and assisting the Resolution Professional, so I had to travel. The trips I made were possible by local public transport, which might take some time. Unlike online working, my attendance there allowed me to view the functioning of the court and discuss more with my mentors.
Anything else you’d like to share?
The internship has been a milestone in my understanding of the practical aspects of insolvency law and corporate litigation. I learned that accuracy in writing, tolerance in court case processes, and comprehensive research of the law are key.
Each case was discussed with colleagues after work, and this assisted me in processing my observations and learning. The greatest thing that I learned in this experience is that insolvency law requires not only keen legal understanding but also procedural focus and mastery of the same to practice it successfully.
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