The Insolvency and Bankruptcy Board of India (IBBI) celebrated its Fifth Annual Dayon 1st October, 2021. Dr. Bibek Debroy, Chairman, Economic Advisory Council to Hon’ble Prime Minister graced the occasion as the Chief Guest. Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs and Dr. Krishnamurthy Subramanian, Chief Economic Adviser, Ministry of Finance were Guests of Honour. Dr. M. S. Sahoo, Former Chairperson, IBBI graced the occasion as a special invitee. To commemorate its establishment, IBBI has instituted an Annual Day Lecture Series since its inception. Dr. Bibek Debroy delivered the Fifth Annual Day Lecture on “From No Exit to Easy Exit ‐ A Case Study of IBC”. As part of the Annual Day celebrations, dignitaries led by Dr. Subramanian released IBBIs annual publication, “Quinquennial of Insolvency and Bankruptcy Code, 2016”. IBBI, in collaboration with the Indian Institute of Insolvency Professionals of ICAI, released an e-book titled “5 years of facilitating ease of exit”, to commemorate five years’ of enactment of the Code. To commemorate five years of successful implementation of the Code, release of customised ‘My Stamp’ on the “Insolvency and Bankruptcy Code, 2016” was facilitated by Shri Harpreet Singh, Postmaster General, Delhi Circle, Department of Posts, on the occasion. On the occasion, the medal, certificate of merit and cash award were given to the best performer of the 2nd National Online Quiz on Insolvency and Bankruptcy Code, 2016’ conducted from 1st to 31st August, 2021. In his welcome remarks, Dr. Navrang Saini, Whole Time Member, IBBI, thanked all stakeholders who have been part of the successful journey of IBBI and IBC’s ecosystem. Dr. Mukulita Vijayawargiya, Whole Time Member, IBBI extended a hearty vote of thanks at the conclusion of the event.