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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