Analysis of Cases for the Limited Insolvency Exam
India’s most trusted case-laws resource for the LIE. All 72 syllabus judgments, structured as Facts–Issues–Ratio stories you can recall under exam pressure.
- All 72 cases from the 2025 syllabus
- Facts–Issues–Ratio structured analysis
- Print, Digital, or Bundle
Including the judgments that shaped the Code
Judgments analysed
Supreme Court rulings
HC · NCLAT · NCLT
Edition, 2025 syllabus
The pressure
Case laws are not optional. They decide the case study.
Provisions alone won’t save you under the clock. You need structured Facts–Issues–Ratio recall — so every judgment arrives as a story you can apply.
The method
Watch a case click into place
Scroll through the three moves — this is how every judgment in the book is built for retention.
Step 01 — Facts
What happened?
A corporate debtor defaults. A financial creditor files under Section 7. The Adjudicating Authority must decide whether a “debt” and “default” are established on the record.
Anchor the story first — names, timeline, and the dispute that forced the court to speak.
Step 02 — Issues
What did the court decide?
Is the existence of a debt and default a threshold question? Can the Adjudicating Authority weigh disputed claims, or must it admit once default is shown?
Frame the legal question the way the examiner will — precise, binary, and syllabus-linked.
Step 03 — Ratio
The holding you must recall
Once debt and default are established, the Adjudicating Authority must admit the application. Disputed quantum or counter-claims do not defeat a clear default at the threshold stage.
This is the line you apply under exam pressure — write it as a rule, not a paraphrase.
…repeated for all 72 judgments, until recall becomes reflex.
2025 syllabus
Every prescribed judgment. Mapped.
Hover a forum to see how the 72 cases break down — then pick the edition that matches how you revise.
Cases
SC · 41 judgments
Binding principles that reshape CIRP, liquidation, and personal insolvency doctrine.
Proven, edition after edition
Refined across seven editions
Rewritten as the law evolved — the 7th Edition is fully aligned to the syllabus effective 5th May 2025.
1st Edition → 7th Edition · 2025 syllabus
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Analysis of Cases for Limited Insolvency Examination - PRINT EDITION
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Complete Analysis of Cases resource
Dr. Ashish Makhija
Advocate | Insolvency Professional | Chartered Accountant | Author | International Scholar
SJD, FCA, FCMA, LLM (USA), LLM (India)
The mind behind Facts–Issues–Ratio
Dr. Ashish Makhija is one of India’s most respected insolvency professionals. As an Advocate appearing before the Supreme Court, High Courts, NCLAT and NCLTs, and an Insolvency Professional actively engaged with evolving insolvency jurisprudence, he brings practical insights that go far beyond textbooks.
His Facts–Issues–Ratio method — refined across 16+ books and thousands of LIE aspirants — is the backbone of Analysis of Cases. Every judgment is structured so you remember it like a story and apply it under exam pressure.
Books authored
Professionals trained
Courts & tribunals
Edition of this work
- International scholar with advanced studies in insolvency law
- Author of numerous books on insolvency and bankruptcy
- Faculty for ICAI, ICSI, ICMAI and IICA
- Trainer to IPs, CAs, CSs, Cost Accountants, Advocates and Bankers
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Walk into the exam knowing all 72 cases.
One structured resource. Seven editions of refinement. Every judgment a story you can retell under pressure.
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