US Regulators Blame Indian Authorities for Failure to Serve Summons to Gautam Adani

Nine months on, US SEC yet to serve summons to Gautam, Sagar Adani in $265 million bribery case

Nearly nine months after filing bribery charges, the US SEC has yet to serve summons on Gautam and Sagar Adani in India. The regulator told a New York court it is still awaiting delivery in the renewable energy case.

US regulators blame Indian authorities for failure to serve summons to Gautam Adani

The status report, reviewed by India Today, shows that while the US financial regulator has been actively attempting to advance the federal lawsuit, the progress has stalled due to procedural bottlenecks involving cross-border legal cooperation.

Ten Months On, US Regulator Still Waiting for India to Serve Adani in Fraud Case

The regulator has sought the help of India’s Ministry of Law and Justice to deliver the summons and complaint in the case, which accuses the Adanis of making false and misleading statements about Adani Green Energy Ltd.

US regulators say Indian authorities have not served formal summons to Gautam Adani - BusinessToday

The SEC’s latest status report, filed on August 11, pointed to procedural challenges in serving the summons, which must follow the Hague Service Convention.

Adani summons unserved: US SEC blames Modi govt for 6-month delay

Guwahati: The U.S. Securities and Exchange Commission (SEC) informed the New York Eastern District Court that it has been unable to serve summons to Gautam Adani and his nephew, Sagar Adani, in India. The SEC stated in a court filing that it has repeatedly requested assistance from India’s Ministry of Law & Justice to deliver […] The post Adani summons unserved: US SEC blames Modi govt for 6-month delay appeared first on NorthEast Now.

SEC still waiting for India to serve Adani summons in US fraud case, flags Mahua Moitra

The regulator said efforts to notify the two India-based defendants were continuing under the Hague Service Convention