In a surprising turn of events, court documents have revealed that the Ministry of Law and Justice in India has twice declined to serve formal summons issued by the US Securities and Exchange Commission (SEC) on Gautam Adani and Sagar Adani, citing technical and legal objections. This refusal has prompted the SEC to seek court permission to serve notices via email.
The Ministry of Law and Justice, on two separate occasions in May 2025 and December 2025, refused to formally serve legal summons on Gautam Adani and his nephew Sagar Adani. Citing reasons such as the absence of an ink signature, official seal, and a technical objection to deliver "summons," the Ministry's stance has led to a legal standoff between the two countries.
With the Ministry's persistent refusal, the SEC has sought intervention from a New York federal court to bypass standard international service procedures and serve an "effective" summons to the Adanis through email. This move comes after unsuccessful attempts to serve the legal documents through the Hague Convention.
The SEC's complaint, filed in November 2024, alleges that the Adani Group violated antifraud provisions of federal securities laws concerning Adani Green Energy Ltd. The group withdrew a $600 million bond offering following indictments on bribery charges by the US Department of Justice.
The Adani Group has vehemently denied the SEC's allegations as baseless and has expressed its intent to pursue all available legal avenues. Adani Green Energy clarified that it is not directly involved in the proceedings and that no charges have been brought against it.
Stay tuned for the latest updates on this unfolding legal battle. Music composer Palash Muchhal has also found himself embroiled in financial fraud allegations, adding another layer of intrigue to the ongoing saga.
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