The Supreme Court asked Maharashtra to consider delaying local body poll nominations while it examines the 27% OBC quota issue. The court warned that continuing the process may complicate elections already under legal scrutiny.
New York, February 18, 2025 – The United States Securities and Exchange Commission (SEC) has provided an update on its ongoing efforts to serve a complaint on Gautam Adani and Sagar Adani, both of whom are based in India.
The Gautam Adani-led Adani Group has engaged two leading US law firms, Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP, to represent the company in a US indictment case. The firms, known for their expertise in complex legal disputes, will handle the group’s defence in court. This development comes amid growing scrutiny of the company’s international operations. The legal strategy aims to address the charges effectively and safeguard the group’s interests.
The New York court has merged three cases against Indian industrialist Gautam Adani into one trial. These include a criminal case and two civil cases involving allegations of bribing USD 265 million for solar energy contracts. District Judge Nicholas G. Garaufis will oversee the combined trial. The Adani Group denies these allegations.
The SEC has charged Gautam Adani and seven others with securities and wire fraud, alleging a scheme involving over $250 million in bribes to Indian officials for energy contracts. Key charges include conspiracy to violate the Foreign Corrupt Practices Act, securities fraud, wire fraud, and obstruction of justice. Convictions could lead to severe penalties and asset forfeitures.
The Kerala High Court is considering a plea challenging a provision in the Kerala Local Authorities (Prohibition of Defection) Act, 1999, which bars voters from filing petitions to disqualify elected local body members. The petitioner argues that this exclusion undermines political accountability and violates the right to equality under the Indian Constitution. The matter awaits further hearing.
