Lawyers representing industrialist Gautam Adani and his nephew Sagar Adani have sought time until January 30 to update a US court on the status of their discussions with the US Securities and Exchange Commission (SEC). The request relates to the SEC’s move seeking permission to serve summons through alternative methods, including email.
Following the SEC’s filing of the motion on January 22, New York-based law firm Sullivan and Cromwell LLP contacted the regulator on behalf of the Adanis to discuss the issue. A day later, the Adani legal team asked the Eastern District Court of New York to defer its ruling on the SEC’s request until talks with the regulator were concluded.
The court has directed both parties to submit an update on their discussions by January 26.
Earlier, in April 2025, India’s law ministry had rejected an SEC request, citing concerns over the authenticity of documents, noting the absence of official seals and signatures on the forwarding letter and model form.
Adani Lawyers Seek Time Till January 30 to Update US Court on SEC Talks
