The SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose an alleged bribery scheme tied to Indian state officials
The top court asked the NCLAT to decide the plea and the counter petition expeditiously by hearing them on an “out of turn basis” on the dispute over the acquisition of JAL by the Adani group