Gautam Adani News LIVE: US Regulators Blame Indian Authorities For Failure To Serve Summons To Adani
A legal battle in the Eastern District of New York involving Indian billionaire Gautam Adani is facing persistent delays, with the US Securities and Exchange Commission (SEC) telling a federal court that Indian authorities have yet to serve formal summons to the Adani Group chairman and his associates. The SEC’s latest status report, filed on August 11, claims there are procedural hurdles in serving the summons, which must be done in compliance with the Hague Service Convention.
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