In a significant legal development, Indian billionaire Gautam Adani and his nephew Sagar Adani have submitted their first court filing in the United States fourteen months after facing civil fraud charges from the Securities and Exchange Commission (SEC). This filing marks a critical step in addressing procedural disputes that had…
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Adani Enterprises Denies US Legal Case Amid SEC Summons Reports
New Delhi: Adani Enterprises Ltd on Friday issued a formal clarification to India’s stock exchanges, asserting that it is not a party to any legal proceedings in the United States, following media reports suggesting that American regulators were seeking to serve legal summons on senior Adani Group leadership. The clarification…