Bombay HC discharges Gautam Adani, AEL from SFIO case, says no essence of ‘cheating’ made out
The Bombay High Court discharged Adani Enterprises Limited and its leaders from an SFIO complaint regarding alleged manipulation of the company's share price, citing insufficient evidence of cheating or public grievance. The court noted that the cheating allegation lacked a specific victim or tangible losses.
The Bombay High Court discharged Adani Enterprises Limited and its leaders from an SFIO complaint regarding alleged manipulation of the company's share price, citing insufficient evidence of cheating or public grievance. The court noted that the cheating allegation lacked a specific victim or tangible losses.
