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After 14 months, Gautam and Sagar Adani make first legal move in US case: Report

Gautam Adani and Sagar Adani have made their first formal appearance in a New York federal court after 14 months of silence regarding US fraud allegations. This legal action follows attempts by American regulators to serve court documents without involving the Indian government, prompting the Adani's legal team to negotiate the handling of these documents.

After 14 months, Gautam and Sagar Adani make first legal move in US case: Report

Credit: Mathrubhumi

Key Highlights

  • Gautam and Sagar Adani entered a New York federal court after 14 months.
  • The appearance responds to US fraud allegations against them.
  • American regulators are attempting to bypass the Indian government to serve court papers.
  • The Adani's legal team is negotiating the handling of the legal documents.
  • Lawyers from Sullivan & Cromwell LLP represent the Adanis.
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Sources

  1. After 14 months, Gautam and Sagar Adani make first legal move in US case: Report

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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