Guwahati, Aug. 12 -- The U.S. Securities and Exchange Commission (SEC) informed the New York Eastern District Court that it has been unable to serve summons to Gautam Adani and his nephew, Sagar Adani, in India.
The SEC stated in a court filing that it has repeatedly requested assistance from India's Ministry of Law & Justice to deliver the summons and complaint, as outlined by an international treaty known as the Hague Service Convention. However, after six months, the documents have still not been delivered.
The filing states: "The SEC has also sent Notices of Lawsuit and Requests for Waiver of Service of Summons, including copies of the Complaint, directly to Defendants and their counsel, and the SEC has communicated with the India M...
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