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The Indian Supreme Court recently, in the case of Omkara Assets Reconstruction Private Limited v. Amit Chaturvedi & Ors., held that a pending Scheme of Arrangement before the High Court under the Companies Act cannot become a roadblock in the initiation of a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016.

The Latin maxim “secundum allegata et probata” lays a fundamental rule of civil litigation, and it means that a case should be decided on what is pleaded and what is proved or according to the pleadings and proof.

As New Delhi embraced the cascading effects of the India-AI Summit 2026...