Bombay HC discharges Gautam Adani, Rajesh Adani in case of market regulations ‘violation’

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Bombay HC discharges Gautam Adani, Rajesh Adani in case of market regulations 'violation'



The HC’s single bench of Justice R N Laddha on Monday quashed the sessions court order and discharged the duo from the case.A copy of the detailed order would be available later.In December 2019, the high court stayed the sessions court order and it was extended from time-to-time.In 2012, the SFIO filed a chargesheet against 12 persons, including the Adanis, accusing them of criminal conspiracy and cheating. But a magistrate’s court in Mumbai discharged them from the case in May 2014.The SFIO challenged the discharge order.



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