Adani indictment case: U.S. SEC updates court on efforts to serve legal documents

The US Securities and the Stock Exchange Commission (SEC) offered a status update with a Federal Court in New York, and detailed the efforts to submit legal documents to billionaire Adani and nephew Sagar in connection with a civilian securities case last year.

On June 27, the New York Eastern Region (EDNY) US Regional Court James R. Cho sent to James R. Cho, the Hague Service Convention provisions in accordance with the provisions of the call and complaint continued to continue to continue to continue.

Indian -based defendants have not yet been officially served.

The US Sec, the founder and president of Adani Group, Gautam Adani and his nephew should serve in return for $ 265 million to gain profitable renewable power supply contracts through appropriate diplomatic channels, since there is no jurisdiction to call a foreign national directly.

On November 20, 2024, the SEC initially claimed that two of them violated the laws of the US securities by making false and misleading statements by Adani Green Energy Limited on September 2021 bond proposal.

According to the SEC, the rule of Federal Legal Procedure rules 4 (F) manages service in the fields of foreign judiciary and allows the use of international treaties such as the Hague Convention. The rule does not bring a certain time limit to service, provided that it is made reasonable effort.

The court asked the SEC to update more by 11 August 2025.

“The defendants are in India and the SEC’s efforts to serve them continue, including Indian officials, including the demand for service of the judicial and unjustified documents on legal or commercial issues within the scope of the Hague Service Agreement for service abroad,” he said.

SEC said that he had previously asked for help from the Indian Ministry of Law and Justice to serve Adani’s calls and complaints in India.

“SEC also sent the requests of the calls, including the lawsuit notifications and copies of the complaint, to the defendants and lawyers directly to the defendants and lawyers,” he said.

“The SEC corresponds to the Indian Molj regarding the efforts of the relevant Indian judicial authorities to serve the calls and complaints on the defendants, but the SEC understands that these authorities have not yet served.”

Gautam Adani (63) and the renewable energy unit of the group Adani Green Energy Limited, including the nephew Sagar, including the other seven defendants, about 2020 and 2024, about 2020 and 2024 between 2020 and 2024, approximately 265 million dollars of bribery to obtain a profit for 20 years to obtain a condition to obtain a condition to obtain a condition to obtain a condition to obtain a condition to obtain a condition to obtain a condition to obtain a condition, In order to obtain the conditions to be encountered, it will not be concluded in a way that will be concluded in a way that will continue to wait for the decision to be decided in some way. Last year in November.

Apart from the indictment introduced by the US Department of Justice, the US SEC accused Cyril Cabanes, the ruler of Azure Power Global, a “behavior caused by a large bribery plan”.

Port-Enerji Holding rejected allegations and said he would seek all possible legal resources.

“Adani Group has always been approved and committed to maintaining the highest governance, transparency and regulatory compliance standards in all judicial regions.

An indictment in the United States is basically an official written claim from a prosecutor and accused of a crime by a great jury against a party. A official notification is given to respond to a accused person.

This person or persons can then rent a defense lawyer to defend later. Prosecutors, the investigation began in 2022 and the investigation was blocked, he said.

Adani group, including US companies, the company’s wrong and misleading statements related to bribery practices and policies of the firm collected 2 billion dollars of credit and bonds and collecting reports of bribery investigation.