National Law University Delhi (NLU Delhi) will announce the schedule for the All India Entrance Test AIET Exam 2027 for admission to various postgraduate and doctoral programmes. The AIET 2027 examination will be conducted in May First week 2027 for admission to the Postgraduate Insolvency Programme (PGIP).
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What is the PGIP Certification Course on Insolvency and Bankruptcy?
The Post Graduate Insolvency Programme (PGIP) is a two-year specialized programme offered by National Law University Delhi to provide comprehensive academic and practical training in insolvency and restructuring laws.
The programme offers two outcomes:
- PGIP Certification authorized by the Insolvency and Bankruptcy Board of India
- Master of Arts (MA) / Master of Laws (LL.M.) in Insolvency awarded by NLU Delhi, subject to academic requirements
A key advantage of the programme is that eligible graduates can appear for insolvency professional examinations under applicable IBBI regulations without the requirement of 10 years of prior professional experience.
The curriculum combines legal, financial, and regulatory aspects of insolvency with practical training, helping students develop skills in analysis, decision-making, communication, dispute resolution, and professional ethics.
According to the university, the detailed admission notification for AILET entrance test 2027 will be released in January 2027, while online applications will begin from January 7, 2026.
AIET Exam 2027 Highlights
| Particulars | Details |
| Exam Name | All India Entrance Test (AIET) 2027 |
| Conducting Body | National Law University Delhi |
| Application Start Date | January First Week, 2027 |
| Detailed Notification | Jan-27 |
| Exam Date | May First Week, 2027 |
| Mode of Application | Online |
| Official Website | nludelhi.ac.in |
Programmes Offered Through AIET Exam 2027
1. Postgraduate Insolvency Programme (PGIP) – Two Years
The two-year Postgraduate Insolvency Programme is designed for candidates seeking specialization in insolvency and bankruptcy law, practice, and management.
A key feature of the programme is that the PGIP Certification is issued and authorized by the Insolvency and Bankruptcy Board of India (IBBI).
In addition, students are awarded a separate Master of Arts (MA) or Master of Laws (LL.M.) degree in Insolvency independently by NLU Delhi.
Also read: AILET Exam 2027
2. Joint Master’s/LL.M. Programme in Intellectual Property Law and Management – One Year
This one-year programme combines legal and management perspectives in the field of Intellectual Property (IP). It is designed for professionals, graduates, and legal practitioners interested in patents, trademarks, copyrights, technology law, and IP management.
3. Ph.D. Programme
AIET 2027 will also be conducted for admission to doctoral programmes offered by NLU Delhi. Candidates seeking admission to research programmes in law and allied disciplines can apply through the AIET examination process.
AIET Exam 2027 Important Dates
| Event | Date |
| Detailed Admission Notification | Jan-27 |
| Online Application Form Starts | January First Week 2027 |
| Last Date to Apply | To be Announced |
| AIET 2027 Exam Date | May First Week, 2027 |
| Result Declaration | To be Announced |
AIET-PGIP 2027 Eligibility Criteria
Candidates seeking admission to the Postgraduate Degree in Insolvency (PGIP–MA/LL.M.) must satisfy the following eligibility requirements.
Educational Qualification
Applicants should possess any one of the following qualifications with a minimum of 50% aggregate marks:
- Company Secretary (CS)
- Chartered Accountant (CA)
- Cost Accountant (CMA)
- Bachelor of Laws (LL.B.)
- Bachelor’s Degree in Technology or Engineering
- Postgraduate Degree with a major in:
- Economics
- Finance
- Commerce
- Management
- Insolvency
Age Limit For AIET Exam 2027
The maximum age of the candidate should be 28 years as on the date of advertisement.
Candidates Awaiting Results
Candidates who are appearing in the qualifying examination or awaiting their final results are also eligible to apply and appear for AIET-PGIP 2026. However:
- They must fulfill the eligibility requirements by the cut-off date specified by the university.
- Candidates placed in a compartment or failing to meet the eligibility conditions at the time of admission will be considered ineligible.
Important Note Regarding Degree Awarded
Admission to the Master of Laws (LL.M.) in Insolvency is available only to candidates who have completed an LL.B. degree.
All other eligible candidates admitted to the programme will be awarded a Master of Arts (MA) in Insolvency degree by NLU Delhi.
AIET-PGIP 2027 Seat Intake
| Programme | Total Seats |
| Postgraduate Degree in Insolvency (PGIP–MA/LL.M.) | 40 |
The total intake for the programme is 40 seats.
AIET-PGIP 2026 Admission Process
Admission to the Postgraduate Degree in Insolvency (PGIP–MA/LL.M.) will be conducted through a multi-stage selection process.
Stage 1: AIET-PGIP Entrance Examination
All candidates must appear for the AIET Exam 2027 (AIET–PGIP) conducted by National Law University Delhi.
Stage 2: Group Discussion (GD)
Candidates shortlisted on the basis of their AIET-PGIP performance will be invited to participate in a Group Discussion round.
Stage 3: Personal Interview (PI)
Shortlisted candidates will subsequently appear for a Personal Interview conducted by the university.
Final Selection
The final merit list will be prepared after considering performance across all stages of the admission process, including:
- AIET-PGIP Entrance Test
- Group Discussion (GD)
- Personal Interview (PI)
Admission will be offered strictly on the basis of merit and fulfillment of eligibility conditions.
AIET Exam 2027 Application Process
Candidates interested in applying for AIET 2026 will be required to complete the online application process through the official website of NLU Delhi.
The application process generally includes:
- Online registration
- Filling personal and academic details
- Uploading required documents
- Payment of application fee
- Final submission of application form
Applicants are advised to carefully read the detailed admission notification before submitting their applications.
Why Choose the PGIP Programme?
The Postgraduate Insolvency Programme has emerged as one of the most specialized programmes in India in the field of insolvency and bankruptcy studies. With certification authorized by the Insolvency and Bankruptcy Board of India (IBBI), the programme offers significant opportunities in legal practice, corporate restructuring, insolvency resolution, compliance, and regulatory sectors.
Career Opportunities After AIET Programmes
Graduates of these programmes can explore careers in:
- Law firms
- Corporate legal departments
- Insolvency Professional Entities (IPEs)
- Intellectual Property consulting firms
- Research organizations
- Universities and academic institutions
- Government agencies
- Regulatory bodies
- Public policy organizations
AIET 2027 Key Points
- AIET 2026 will be held on May 3, 2026.
- Online applications will commence from January 7, 2026.
- Admissions will be offered to PGIP, Joint Master’s/LL.M. in Intellectual Property Law and Management, and Ph.D. programmes.
- The detailed admission notification will be released in January 2026.
- The PGIP certification is authorized by the Insolvency and Bankruptcy Board of India (IBBI).
- NLU Delhi separately awards MA/LL.M. degrees in Insolvency under the PGIP programme.
AIET-PGIP 2026 Exam Pattern
National Law University Delhi will conduct the All India Entrance Test (AIET-PGIP 2026) for admission to the Postgraduate Degree in Insolvency (PGIP-MA/LL.M.) on Sunday, May 3, 2026.
AIET-PGIP 2027 Schedule
| Particulars | Details |
| Exam Date | May First Week 2027 |
| Exam Timing | 2:00 PM to 4:00 PM |
| Mode of Examination | To be notified by NLU Delhi |
| Medium of Examination | English |
| Total Duration | 120 Minutes |
AIET-PGIP 2027 Exam Scheme
| Component | Number of Questions | Maximum Marks | Medium | Duration |
| Objective Test (MCQs) | 100 | 100 | English | 90 Minutes |
| Descriptive Test | 5 | 20 | English | 30 Minutes |
| Total | 105 | 120 | English | 120 Minutes |
AIET-PGIP 2027 Syllabus
The entrance examination is designed to evaluate candidates’ aptitude, analytical abilities, and preparedness for advanced studies in insolvency and bankruptcy-related disciplines.
The syllabus broadly covers the following areas:
- Professional Ethics
- Legal Aptitude
- Financial Aptitude
- General Knowledge and Current Affairs
- Mathematics
- Basic Statistics
- Logical Reasoning
- English Comprehension
- Communication Skills
Candidates are advised to thoroughly prepare each section, as the examination assesses both professional knowledge and general analytical capabilities.
Negative Marking
The Objective Test (MCQ section) carries negative marking.
| Response Type | Marks Awarded |
| Correct Answer | +1 Mark |
| Incorrect Answer | -0.25 Mark |
| Unanswered Question | 0 Mark |
For every incorrect response, 0.25 marks will be deducted. Thus, four incorrect answers will lead to a deduction of one mark.
AILET Exam Pattern & Syllabus 2027
AIET-PGIP 2026 Tie-Breaking Rules
In the event that two or more candidates secure identical scores in the entrance examination, merit will be determined in the following order:
- Candidate securing higher marks in the Descriptive Test.
- Candidate who is older in age.
- Computerized draw of lots.
AIET-PGIP 2026 Selection Process
Admission to the PGIP-MA/LL.M. programme will be conducted through a two-stage selection procedure.
Stage 1: Written Entrance Test
Candidates must appear for the AIET-PGIP entrance examination conducted by NLU Delhi.
Stage 2: Group Discussion and Personal Interview
Candidates shortlisted on the basis of AIET-PGIP performance will be invited to participate in:
- Group Discussion (GD)
- Personal Interview (PI)
Weightage for Final Selection
| Selection Component | Weightage |
| Written Entrance Test (AIET) | 85% |
| Group Discussion & Personal Interview | 15% |
| Total | 100% |
The final merit list will be prepared based on the combined score obtained in the written examination and the GD/PI round.
Shortlisting for GD and PI
Based on AIET-PGIP merit, candidates up to two times the number of available seats in each category will be shortlisted for the Group Discussion and Personal Interview stage.
With a total intake of 40 seats, shortlisted candidates will be called according to the category-wise merit list prepared by the university.
AIET-PGIP 2026 Application Fee
| Category | Application Fee (INR) |
| General | ₹3,000 |
| OBC | ₹3,000 |
| EWS | ₹3,000 |
| SC | ₹1,000 |
| ST | ₹1,000 |
| Persons with Disabilities (PwD) | ₹1,000 |
Fee Exemption
| Category Eligible for Exemption | Application Fee |
| SC Candidates Below Poverty Line (BPL) | Exempted |
| ST Candidates Below Poverty Line (BPL) | Exempted |
| Women Candidates Below Poverty Line (BPL) | Exempted |
Note: Eligible candidates claiming fee exemption must submit the prescribed supporting documents as specified by the university.
AIET-PGIP 2027 Programme Fee Structure
| Fee Head | Amount (INR) |
| Admission Fee (One-Time) | ₹ 10,000 |
| Tuition Fee | ₹ 8,80,000 |
| Academic Services & Facilities | ₹ 43,000 |
| Student Welfare Fund | ₹ 7,000 |
| Utility Services | ₹ 20,000 |
| Refundable Estate Deposit (One-Time) | ₹ 25,000 |
| Accommodation | On Actual Basis |
| Mess/Food Charges | On Actual Basis |
| Miscellaneous Charges | On Actual Basis |
Total Fixed Charges
| Component | Amount (INR) |
| Total Fixed Programme Fee* | ₹9,85,000 |
*Excludes accommodation, mess charges, and miscellaneous expenses, which will be charged separately on an actual basis.
AIET-PGIP 2026 Fee Payment Schedule
| Instalment | Payment Timeline |
| First Instalment (50%) | During the admission process, before commencement of classes (tentatively in July) |
| Second Instalment (50%) | On or before April 30, 2026 |
In Short
AIET Exam 2027 provides an excellent opportunity for candidates seeking advanced legal education and specialized professional training in insolvency, intellectual property law, and research. Interested applicants should keep track of the admission notification scheduled for January 2026 and complete their registration once the application window opens on January 7, 2026.
FAQs
Q1. What is the PGIP programme offered through AIET Exam 2027?
The Post Graduate Insolvency Programme (PGIP) is a two-year specialized programme offered by National Law University Delhi that combines academic learning with practical training in insolvency and restructuring. Students receive a PGIP Certification authorized by the Insolvency and Bankruptcy Board of India (IBBI) along with an MA or LL.M. degree in Insolvency from NLU Delhi, subject to eligibility and academic requirements.
Q2. Which entrance exam is required for admission to PGIP 2027?
Candidates must appear for the All India Entrance Test (AIET-PGIP) conducted by NLU Delhi Exam 2027 for admission to the programme.
Q3. What is the duration of the PGIP programme?
The programme duration is two years (24 months), including classroom learning and practical training components.
Q4. How many seats are available in PGIP?
The total intake for the PGIP-MA/LL.M. in Insolvency programme is 40 seats.
Q5. Who is eligible to apply for PGIP 2027?
Candidates with qualifications such as CA, CS, CMA, Law, Engineering, Technology, or a postgraduate degree in Economics, Finance, Commerce, Management, or Insolvency with at least 50% aggregate marks are eligible to apply.
Q6. Is there an age limit for PGIP admission?
Yes. The maximum age limit is 28 years as on the date specified in the admission advertisement.
Q7. Can final-year students apply for AIET-PGIP 2027?
Yes. Candidates awaiting the results of their qualifying examination can apply and appear for the entrance test. However, they must fulfill all eligibility requirements by the prescribed cut-off date.
Q8. Is an LL.B. degree mandatory for admission?
No. Candidates from non-law backgrounds are also eligible. However, only candidates with an LL.B. degree can be awarded the LL.M. degree. Other eligible candidates will receive the MA degree in Insolvency.
Q9. What is the AIET-PGIP 2027 exam pattern?
The examination consists of:
- 100 Objective (MCQ) questions carrying 100 marks
- 5 Descriptive questions carrying 20 marks
- Total Marks: 120
- Duration: 120 minutes (90 minutes MCQ + 30 minutes descriptive)
Q10. Is there negative marking in AIET-PGIP?
Yes. For every incorrect MCQ answer, 0.25 marks are deducted. Four incorrect answers result in a deduction of one mark.
Q11. What subjects are covered in the AIET-PGIP syllabus?
The syllabus broadly includes:
- Professional Ethics
- Legal Aptitude
- Financial Aptitude
- General Knowledge & Current Affairs
- Mathematics and Basic Statistics
- Logical Reasoning
- English Comprehension
- Communication Skills
Q12. What is the selection process for PGIP admission?
The selection process includes:
- AIET-PGIP Written Test
- Group Discussion (GD)
- Personal Interview (PI)
Final admission is based on performance in all stages.
Q13. What is the weightage of the written test and interview?
The final merit list is prepared with:
- 85% weightage to AIET Written Test
- 15% weightage to Group Discussion and Personal Interview
Q14. How many candidates are shortlisted for GD and PI?
Candidates up to two times the number of available seats in each category are shortlisted for the Group Discussion and Personal Interview round.
Q15. What is the application fee for AIET-PGIP?
- General/OBC/EWS: ₹3,000
- SC/ST/PwD: ₹1,000
- Fee exemption is available for eligible SC/ST and Women candidates belonging to the BPL category.
Q16. What is the total programme fee for PGIP?
The fixed programme fee is approximately ₹9.85 lakh, excluding accommodation, mess, and miscellaneous charges, which are charged separately on an actual basis.
Q17. Does PGIP provide internship opportunities?
Yes. Students undertake internships and structured professional engagements during the programme, particularly in the second year, to gain practical exposure to insolvency practice and related fields.
Q18. Does completion of PGIP help in becoming an Insolvency Professional?
Yes. Under applicable IBBI regulations, successful completion of the programme provides an academic pathway that allows eligible candidates to appear for insolvency professional examinations without the requirement of 10 years of prior professional experience.
Q19. Are placements guaranteed after PGIP?
No. NLU Delhi facilitates professional opportunities and industry engagement, but the university does not guarantee placements. Placement efforts are coordinated through institutional support and industry networks.
Q20. Where can candidates get official updates regarding AIET Exam 2027 PGIP admissions?
Candidates should regularly check the official websites of NLU Delhi and PGIP Programme Portal for notifications, application forms, admit cards, results, and admission updates.