Tag: Adani Group
-
Adani SEC Summons: India Ministry Blocks Service, Market Drops
Overview: Ministry blocks service of SEC summons to Adani Group The Indian Ministry of Law and Justice has refused to accept service of the U.S. Securities and Exchange Commission (SEC) summons on certain Adani Group entities, citing technical objections. Court filings reviewed by The Indian Express indicate the ministry’s position and the elapsed time since…
-
Ministry Refuses to Serve SEC Summons on Adani Group Over Technical Objections, Court Filings Show
Background: What Happened? The Indian Ministry of Law and Justice reportedly declined to accept or facilitate the service of U.S. Securities and Exchange Commission (SEC) summons on Adani Group companies. Court filings reviewed by The Indian Express reveal that authorities raised technical objections that prevented the formal service process from advancing. This development marks a…
-
India Law Ministry Refuses SEC Summons on Adani Group Over Technical Objections: Market Impact and Court Filings
Overview: A Regulatory Roadblock in a High-Profile Case The Indian law ministry has refused to accept service of a United States Securities and Exchange Commission (SEC) summons on the Adani Group, citing technical objections. The decision, disclosed in court filings and reported by The Indian Express, underscores the friction that can arise when cross-border regulatory…