SEC Seeks Court Approval to Serve Adani Leaders in Fraud Case

The SEC filed a court request to serve summonses on Gautam and Sagar Adani after India's government refused prior requests. Adani group lost $12.5 billion in market value.

洞察:
The U.S. Securities and Exchange Commission (SEC) has taken a significant procedural step by filing a court request to serve legal summonses on Adani group founder Gautam Adani gautam adaniand executive Sagar Adani sagar adaniin a civil fraud and bribery case. This move comes after the Indian government declined two prior requests to serve the summonses. The SEC's filing, submitted on January 23, 2026, seeks to employ alternative methods, including serving the Adanis' U.S.-based lawyers and sending email copies.
FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
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