New Delhi, April 8 -- Lawyers for Adani Group chair Gautam Adani and nephew Sagar in the US on Tuesday filed a motion in a New York federal court to dismiss the securities fraud case brought against them over 15 months ago by the Securities and Exchange Commission (SEC).

Mint takes a look at the arguments made by the high-profile Adani counsels and the road ahead in the case.

The SEC has alleged that billionaire businessman Gautam Adani and Sagar Adani, among others, paid $250 million in bribes to unnamed government officials in India to secure favourable power-supply contracts for Adani Green Energy Ltd.

The regulators further claimed that when raising capital from American investors, the Adanis did not tell them about the alleged bri...