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US SEC says Indian authorities have not yet effected requests for serving summons to Adani executives

Regulator tells court that Indian authorities have yet to act on requests tied to $265-million corruption case.

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. / REUTERS/Amit Dave

The U.S. Securities and Exchange Commission said that Indian authorities have not yet effected its requests to serve summons or complaints to Adani Group executives over alleged securities fraud and a $265 million bribery scheme, a court filing showed on Oct. 10.

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