![[Adani-Hindenburg matter] “Allegations Are of Serious Nature" - Plea in Supreme Court Urges Indian Agencies to Investigate Adani Indictment](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/11/Gautam-Adani-1024x576-webp-1024%C3%97576-11-21-2024_11_47_AM-1.png?resize=447%2C367&ssl=1)
An application has been filed in the Supreme Court of India to produce an indictment from the US DOJ against Gautam Adani and the Adani Group for bribery allegations. It emphasizes the need for Indian agencies to investigate these serious claims. SEBI is still investigating the allegations, with concerns about restoring investor confidence amid ongoing scrutiny.
The United States court case against Gautam Adani and associates alleges bribery and fraud involving Rs 1,750 crore to secure solar contracts in India. The scheme, spanning from 2019 to 2024, involved multiple officials and promised additional bribes. Legal violations include the Foreign Corrupt Practices Act, with significant implications for corporate accountability and Adani Group’s reputation.
![[BREAKING] Plea Against PM Modi, Rahul Gandhi Over 'Defamatory' Remarks On Adani Group Filed In Delhi Court](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/05/image-48.png?resize=447%2C367&ssl=1)
A petition filed in a Delhi court seeking to restrain Prime Minister Narendra Modi and Rahul Gandhi for making false, fabricated and misleading speeches and levelling allegations againt Adani group. The petitioner has cited speeches by Rahul Gandhi and PM Modi in poll rallies and sought permanent injunction to prevent them from making defamatory statements that could harm Adani Group’s market value.
During a Supreme Court hearing on 24/01/2024, a heated exchange unfolded between Senior Advocates Dushyant Dave and Abhishek Singhvi, representing Jaipur Vidyut Vitran Nigam Limited and Adani Power respectively. The dispute centered on late payment of surcharge, with Singhvi accusing Dave of browbeating. The incident highlights intense legal battles and procedural challenges within the judicial system.
Senior Advocate Dushyant Dave raised concerns about the Supreme Court’s registry integrity, alleging government influence in preventing a case against Adani Power from being listed. He urged the court to address the issue, emphasizing its public interest implications. The case involves allegations of improper listing and attempts to review a previous judgment, prompting questions about procedural integrity.
Adani-Hindenburg Case: Petitioner Calls for New Expert Committee Citing Alleged Conflicts of Interest In the ongoing Adani-Hindenburg case, the petitioner has approached the Supreme Court with a fresh affidavit, urging the reconstitution of the expert committee due to alleged conflicts of interest among its members. The Supreme Court had earlier formed an expert committee in […]