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Adani family lawyers accept U.S. SEC complaint service, denying jurisdiction, as case proceeds.
Legal representatives for Gautam and Sagar Adani have agreed to accept service of a U.S. Securities and Exchange Commission civil complaint in New York, allowing the case to proceed.
The move, confirmed in a stock exchange filing by Adani Green Energy, acknowledges receipt of court documents without conceding jurisdiction.
The Adanis plan to challenge the SEC’s allegations through motions to dismiss or other legal responses.
The company stated it is not a party to the case and no charges have been filed against it or its executives under the U.S. Foreign Corrupt Practices Act.
This follows a November 2024 criminal indictment alleging bribery and fraud, which the Adani Group denies, maintaining the defendants are presumed innocent and committed to governance and compliance.
The case remains ongoing.
Los abogados de la familia Adani aceptan el servicio de quejas de la SEC de Estados Unidos, negando jurisdicción, a medida que avanza el caso.