The Insolvency and Bankruptcy Board of India (IBBI) organised a Conclave of Insolvency Professionals on 27th January 2025 at the India International Centre, New Delhi. The Conclave provided a platform for dialogue and collaboration among stakeholders to discuss emerging challenges and explore opportunities to strengthen the insolvency ecosystem. The Chief Guest of the event, Hon’ble Justice Shri Ashok Bhushan, Chairperson, NCLAT, in his address underscored the vital role of IPs in preserving the value of corporate debtors and facilitating prudent decision-making throughout the resolution process. Ms. Deepti Gaur Mukherjee, Secretary, Ministry of Corporate Affairs in her address highlighted the importance of professional competence in managing complex cases and commended IBBI's efforts in organizing regular workshops and conclaves. Mr. Ravi Mital, Chairperson, IBBI highlighted the positive outcomes of the Insolvency and Bankruptcy Code, 2016 (IBC). An interactive session was also held during the conclave in which the Insolvency Professionals, representatives from IPAs, professionals, and other stakeholders from the insolvency ecosystem shared suggestions to enhance the resolutions under the insolvency ecosystem.