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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India Law Ministry Refuses US SEC Summons on Adani
India’s Ministry of Law and Justice has twice refused to formally serve summons issued by the United States Securities and Exchange Commission (SEC) on Adani Group chairman Gautam Adani and his nephew Sagar Adani. Court filings in New York reveal that the Ministry cited missing ink signatures, absent official seals,…