US Regulator Seeks to Bypass Indian Govt to Serve Adani Summons

US regulators are seeking court permission to email summons directly to Indian billionaire Gautam Adani and an executive, after India twice refused to serve them. The SEC alleges fraud and a bribery scheme. Adani Group denies the claims, vowing to fight them. India cited procedural issues and questioned the SEC's authority for the rejections.

US Regulator Seeks to Bypass Indian Govt to Serve Adani Summons
US regulators are seeking court permission to email summons directly to Indian billionaire Gautam Adani and an executive, after India twice refused to serve them. The SEC alleges fraud and a bribery scheme. Adani Group denies the claims, vowing to fight them. India cited procedural issues and questioned the SEC's authority for the rejections.