I am honoured that I have been invited to deliver IBBI’s Fifth Annual Day Lecture. I am neither insolvent, nor bankrupt. Nor am I an insolvency professional. Therefore, it follows that my relationship with IBBI is not directly professional. I certainly do possess an indirect professional interest, since anything that furthers the cause of economic reforms in India is of professional interest to me. But since IBBI was set up on 1st October, 2016, I have also had a personal interest in IBBI, thanks to my association with Dr. M.S. Sahoo. In the last five years, IBBI has been led by Dr. Sahoo and the Chairman has been IBBI’s face to the rest of the world. My best wishes to Dr. Sahoo for whatever he chooses to do next, practice law, write books. As he exits, and it has been an easy exit, my best wishes to the incoming Chairman too.