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Practice to Excel. Prep to Succeed. • India's Premier 1:1 Statutory & Law CBT Platform

Clear High-Stakes Statutory & Law Exams in Your Very First Attempt.

Stop practicing on static PDFs. Experience the exact resizable split-pane Case Study console, granular Topic & Subtopic drills, -25% negative marking audit bars, and 2x Spaced-Repetition Weak-Spot Mastery built for CAs, CSs, Advocates, Valuers, and Law Aspirants.

Select an Examination Track to Preview Live Syllabus & Question Bank:
Live Course Blueprint Preview
1:1 CBT Ready
IBBI — Insolvency and Bankruptcy Board of India

IBBI Limited Insolvency Examination (2026 Syllabus)

Complete ICAI Question Bank (Part A & Part B) + 2026 Amended Core & 10 Split-Pane Case Studies

IBBI
Question Bank
1,389 Qs
Exam Format
87 Qs / 100M
Duration
120 Mins
Penalty Rule
-25% Neg
High-Yield Syllabus Modules & Caselets 12 Topics • 49 Subtopics
1,422+
Verified Statutory & Legal Qs
13 Caselets
Resizable Split-Pane Exhibits
85% : 15%
Actual Exam-Ratio Test Builder
94.2%
First-Attempt Qualification Rate
Dedicated Exam Tracks

Choose Your Professional Examination Track

Each track is engineered around the exact official syllabus blueprint, marking scheme, and split-pane case study ratio of the conducting authority.

Upcoming Bank Expansions: +1,200 IBBI LIE Questions & Full 2,500-Q MH-CET Law Bank
Why PracticePrep

Built Specifically for High-Stakes Indian Regulatory & Law Exams

Every capability in our platform addresses the real reasons candidates fall short by 2 to 5 marks in computer-based statutory examinations.

1. Resizable Dual-Pane Case Exhibits

Read multi-table financial waterfalls, COC resolution timelines, and legal principle-fact narratives on the left pane (40/60, 50/50, or 60/40 draggable split) while solving linked 2-mark questions on the right.

2. Custom Exam-Ratio Configurator

Never get overwhelmed by a 1,300+ question dump. Choose 10, 25, 50, 75, or 100 Standalone MCQs, 5, 10, 25, or 50 Case Studies, or Mixed in the Exact 85% : 15% Official Exam Ratio.

3. 2x Spaced-Repetition Weak-Spot Bucket

Every wrong answer or negative-marking guess is automatically quarantined in your personal Weak-Spot Bucket and stays there until you answer it correctly 2 consecutive times.

4. Negative Marking Erosion Audit

Our real-time penalty bar separates your Gross Positive Score from -0.25M / -0.50M Negative Penalty Deductions so you learn exactly when to skip low-confidence guesses.

5. Topic, Subtopic & Keyword Drills

Drill down into specific statutory sections (e.g., Section 29A, Section 53 Waterfall, Article 32 Writs, WACC / DCF) and filter by Easy, Medium, or Hard difficulty.

6. Option Strikethrough & Legal Citations

Physically cross out eliminated distractors during tough 2-mark questions, and get instant statutory section citations and Supreme Court case-law explanations in Tutor Mode.

How It Works

Your 4-Step Roadmap to Exam-Day Certainty

A structured methodology designed for busy working professionals and law aspirants.

Step 01

Take a 10-Q Baseline Diagnostic

Launch a quick 10-question mixed test in actual exam ratio to benchmark your baseline accuracy and negative marking exposure.

Step 02

Master Topics in Tutor Mode

Practice topic-by-topic and subtopic-by-subtopic in Untimed Tutor Mode with immediate statutory section explanations after every click.

Step 03

Drill Split-Pane Case Studies

Build speed on 2-mark multi-paragraph case studies using our resizable dual-pane exhibit viewer and 120-minute timed simulator.

Step 04

Clear Your Weak-Spot Bucket

Re-attempt your personal Weak-Spot Bucket until every missed provision is answered correctly twice in a row and your Readiness Index crosses 75%.

Platform Comparison

Why Static PDFs & Generic Mock Portals Fall Short

Compare how PracticePrep prepares you versus conventional PDF question banks and generic quiz websites.

Examination Capability Static PDFs & Generic Portals PracticePrep.in 1:1 CBT Engine
Case Study Exhibit Layout Endless vertical scrolling up and down between facts and questions ✓ Resizable Split-Pane (40/60, 50/50, 60/40) matching real CBT centres
Practice Session Sizing Fixed static papers or overwhelming 1,000+ question dumps ✓ Choose 10, 25, 50, 75, 87, or 100 Qs (MCQs, Case Studies, or 85:15 Exam Ratio)
Answer Option Distribution Predictable answer keys skewed toward Option B or C ✓ Dynamically Shuffled & Balanced 25% A / B / C / D Distribution
Negative Marking Analytics Shows only final net score without penalty breakdown ✓ Gross Score vs. -0.25M/-0.50M Penalty Erosion Bar & Accuracy Audit
Mistake Remediation No tracking of previously missed questions across sessions ✓ Automated Weak-Spot Bucket requiring 2x Consecutive Correct Answers
One Exam • Three Tailored Options • 18 Months Standard Access

Select Your Preparation Plan for IBBI LIE Insolvency Exam

All three plans include 18 Months Standard Access and every listed feature is 100% live and built into the platform. Switch your target exam below or click any plan to preview it inside the Student LMS Portal.

Option 1
Tier L1 — Sprint
18 Months Access
₹ 1,499 incl. GST

Single-exam access for rapid Topic & Subtopic MCQ revision in Untimed Tutor Mode.

  • 18 Months Standard Validity for your selected examination track
  • 100% Standalone MCQ Bank in Untimed Tutor Mode with Instant Legal Keys
  • Hierarchical Topic & Subtopic Selector + Statutory Keyword & Difficulty Filters
  • Custom MCQ Practice Sets (10, 25, 50, 75, or 100 Standalone MCQs)
  • Statutory Handbooks, Syllabus Blueprints & Timelines Cheat Sheets
  • 120-Min Timed Exam Simulator & Split-Pane Case Study Exhibits
  • 2x Weak-Spot Bucket, Readiness Index & Ask a Doubt Desk
Option 2
Tier L2 — Simulator Pro
18 Months Access
₹ 1,999 incl. GST

Full 1:1 Timed CBT Exam Simulations + Resizable Split-Pane Case Study Exhibits for your selected exam.

  • 18 Months Standard Validity + Everything in Tier L1 Sprint
  • 120-Minute Timed 1:1 CBT Exam Simulator with Question Palette & Review Flags
  • All Split-Pane 2-Mark Case Study Exhibits (5, 10, 25, or 50 Case Study Drills)
  • Actual Exam-Ratio Mixed Tests (10, 25, 50, 75, 87, or 100 Qs in 85:15 Ratio)
  • Negative Marking Penalty Erosion Audit & Attempt History Review
  • 2x Spaced-Repetition Weak-Spot Bucket, Readiness Index & Faculty Doubts
★ Option 3
Tier L3 — Complete Mastery
18 Months Access
₹ 2,299 incl. GST

Complete Single-Exam Mastery with 2x Spaced-Repetition Weak-Spot Engine, Passing Probability Index & Direct Faculty Doubt Desk.

  • 18 Months Standard Validity + Everything in Tier L1 & Tier L2
  • 2x Spaced-Repetition Weak-Spot Bucket (Auto-quarantines wrong answers until solved 2x consecutively)
  • Dynamic Exam Passing Probability & Readiness Index (Live telemetry gauge)
  • Direct "Ask a Doubt" Academic Query Drawer on any statutory provision or caselet
  • Priority 2026 Amended Case-Law & Statutory Updates included
Verified Candidate Outcomes

Trusted by Chartered Accountants, Company Secretaries, Valuers & Law Rankers

★★★★★ • Cleared IBBI LIE (78.50 / 100 Marks)

"Practicing 50-question and 87-question mixed sets in the exact 85:15 MCQ-to-Case-Study ratio made the actual NISM centre exam feel effortless. The Section 53 waterfall and Regulation 35 third-valuer caselets were spot on."

— CA Vikramaditya Rao, FCA (Mumbai)
★★★★★ • 99.4 Percentile MH-CET Law (3-Yr LL.B.)

"The dual-pane Legal Principle-Fact application caselets and topic-wise Contract & Constitutional Law drills are far cleaner and more realistic than any traditional coaching portal."

— Adv. Ananya Deshpande (GLC Mumbai Admit)
★★★★★ • Cleared IBBI Registered Valuer (S&FA)

"The Negative Marking Impact bar stopped me from making low-probability guesses on 2-mark case study questions, boosting my net score by +9.5 marks in my very first attempt."

— CS Meenakshi Iyer, RV-SFA (Bengaluru)
PracticePrep.in™ — Practice to Excel. Prep to Succeed. • Built for IBBI LIE, MH-CET Law, Registered Valuers & Bar Examinations
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Tier L3 Complete Mastery • 18 Months Access