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HomeBlog › SPOM Set C for CA Final 2026: Smart Strategy to Crack Arbitration & IBC of SPOM SET C (Optional Papers Guide)
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SPOM Set C for CA Final 2026: Smart Strategy to Crack Arbitration & IBC of SPOM SET C (Optional Papers Guide)

| 17 Mar 2026 | 4 min read
Crack Arbitration & IBC of SPOM SET C

Crack Arbitration & IBC of SPOM SET C

Table of Contents to Crack Arbitration & IBC of SPOM SET C

  1. Introduction to SPOM Set C
  2. Understanding Optional Papers in SPOM Set C
  3. Why Choose Arbitration & IBC?
  4. How to Approach SPOM Set C Strategically
  5. Arbitration Preparation Strategy
    5.1 Best Lectures to Follow
    5.2 Notes & Study Material
    5.3 Important Topics to Focus
    5.4 MCQ Practice Strategy
    5.5 1-Day Revision Plan
  6. Insolvency & Bankruptcy Code (IBC) Strategy
    6.1 Recommended Lectures
    6.2 Notes & Amendments Strategy
    6.3 High-Weight Topics
    6.4 MCQ Practice Approach
    6.5 2-Day Revision Plan
  7. 4–6 Day Study Plan for Arbitration & IBC
  8. 7 Smart Tips to Score High in SPOM Set C
  9. Common Mistakes to Avoid
  10. Final Conclusion

Introduction

SPOM Set C under CA Final is different from other sets — it offers multiple paper options, and students can choose subjects based on their comfort and strategy.

In this guide, we are focusing on two highly practical and scoring papers:

  • Arbitration
  • Insolvency & Bankruptcy Code (IBC)

👉 These are popular choices among CA students because they are:

  • Concept-driven
  • MCQ-oriented
  • Scoring with the right approach

If you’ve chosen these two, this blog gives you a clear, practical roadmap to finish and revise efficiently.

Crack Arbitration & IBC of SPOM SET C :

How to Approach SPOM Set C (Important Mindset)

Before jumping into subjects, understand this:

✔ You don’t need to study everything under Set C
✔ Your goal is to master your chosen papers only
✔ Preparation should be MCQ-focused, not theory-heavy

Paper 1: Arbitration – Fast & Scoring Subject

Step 1: Complete Concept Coverage Quickly

Start with:

  • Mission with CA Vikruth Marathon Video (3 Hours)

👉 Goal: Build clarity in one go without overcomplicating.

Step 2: Stick to One Notes Source

Choose either:

  • Mission with CA Vikruth Notes
  • OR Rishabh Baid Notes

✔ Focus on:

  • Arbitration Agreement
  • Appointment & Role of Arbitrators
  • Powers of Tribunal
  • Appeals & Enforcement

Step 3: MCQ Practice is the Core

Must do:

  • ICAI Module MCQs
  • All MCQ PDFs
  • Actual Exam MCQs

👉 Expectation:

  • 20–60 marks level MCQs can come from ICAI material

Step 4: 1-Day Revision Plan

  • Notes revision (2–3 hours)
  • MCQ revision (2 hours)
  • Focus on confusing provisions

Paper 2: IBC – High Weightage & Practical

Step 1: Smart Lecture Coverage (~5 Hours Total)

Watch:

  • Harsh Gupta (3 Hours)
  • Kushank Mittal (1.5 Hours – Bankruptcy Chapters)

👉 Focus on process understanding rather than memorization.

Step 2: Notes + Amendments = Key

Refer:

  • Harsh Gupta Compact Notes
  • Latest Amendments

✔ Important Areas:

  • CIRP timeline
  • Committee of Creditors
  • Liquidation process
  • Waterfall mechanism

Step 3: MCQ Practice (Non-Negotiable)

Cover:

  • ICAI Module MCQs
  • MCQ Part 1 PDF
  • Actual Exam Questions

👉 IBC MCQs are:

  • Case-based
  • Timeline-based
  • Logic-driven

Step 4: 2-Day Revision Plan

Day 1: Notes + flowcharts
Day 2: MCQs + weak areas

4–6 Day Combined Strategy (For Both Papers)

Crack Arbitration & IBC of SPOM SET C :

Day 1

Arbitration – Video + Notes

Day 2

Arbitration – MCQs + Revision

Day 3

Full Revision.

Day 1

IBC – Videos

Day 2

IBC – Notes

Day 3

IBC – MCQs

Day (Optional)

Full revision.

7 Smart Tips to Score High in SPOM Set C

Crack Arbitration & IBC of SPOM SET C :

1. Choose Papers Strategically

Pick subjects that are short + practical (like Arbitration & IBC)

2. Avoid Multiple Faculties

Stick to one teacher per subject

3. ICAI MCQs = Priority

This is the closest to actual exam level

4. Focus on Language

Words like:

  • Shall / May
  • Time limits
  • Authority roles

5. Practice Elimination

Helps solve tricky MCQs quickly

6. Revise Twice Minimum

1st = Understanding
2nd = Retention

7. Don’t Delay SPOM

Finish early to focus on core CA Final subjects

Common Mistakes Students Make

Crack Arbitration & IBC of SPOM SET C :

❌ Trying to study all Set C papers
❌ Ignoring MCQs
❌ Watching too many lectures
❌ Skipping revision

Final Conclusion

SPOM Set C is all about smart selection + focused preparation.

If you’ve chosen Arbitration & IBC, you already have a strong advantage because:

  • Syllabus is manageable
  • Questions are predictable
  • MCQ practice gives direct results

👉 With 4–6 days of focused effort, you can comfortably clear any of these two papers.

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CA Mayank Katariya
Founder, CharteredTeam · Chartered Accountant

CA Mayank Katariya is the founder of CharteredTeam - India's most trusted CA/CMA/CS test series. He creates content on exam strategy, answer writing, and CA preparation for 147K+ students on Instagram.

Follow @ca.katariya
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