Adani Green Energy to Challenge SEC Lawsuit
On April 8, Adani Green Energy announced that Gautam Adani and his nephew, Sagar Adani, intend to request the dismissal of a civil suit. This lawsuit was filed by the U.S. Securities and Exchange Commission (SEC) in a New York court. The Adani family argues that the court does not have the proper jurisdiction to handle the case and plans to take action before the April 30 deadline.
(Reporting by Nishit Navin; Editing by Sonia Cheema)
