US SEC has not yet served summons on Gautam Adani, nephew Sagar Adani in India; here’s why – Times of India

US SEC has not yet served summons on Gautam Adani, nephew Sagar Adani in India; here’s why – Times of India

The American regulatory body had initiated legal proceedings against the industrialists and their organisation a few months ago. (AP file photo) The US Securities and Exchange Commission (SEC) has not yet delivered legal summons to Adani Group chairman Gautam Adani and Sagar Adani, his nephew. The American regulatory body had initiated legal proceedings against the…

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Centre asks Ahmedabad court to deliver US regulator’s summons to Adani | India News – The Times of India

Centre asks Ahmedabad court to deliver US regulator’s summons to Adani | India News – The Times of India

Adani group chairman Gautam Adani (File photo) The Union law ministry has asked a district court in Ahmedabad to deliver a summons issued by the US Securities and Exchange Commission to billionaire Gautam Adani over alleged securities fraud and a $265 million bribery scheme, according to a letter dated Feb 25, seen by Reuters. The…

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