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HC relief for Adani in ₹388 cr violation case

The Free Press Journal

March 18, 2025

In a relief for Adani Group chairman Gautam Adani and managing director Rajesh Adani, the Bombay High Court on Monday discharged them in a case of alleged violations of market regulations amounting to nearly Rs388 crore observing that no case of cheating or criminal conspiracy was made out.

- Urvi Mahajani

In 2012, the Serious Fraud Investigation Office (SFIO) initiated a case against Adani Enterprises Limited (AEL) and its promoters, Gautam Adani and Rajesh Adani. It filed a charge-sheet accusing them of criminal conspiracy and cheating. Later, in 2019, Gautam Adani and Rajesh Adani approached the High Court.

Diese Geschichte stammt aus der March 18, 2025-Ausgabe von The Free Press Journal.

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