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

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New Delhi: The Bombay High Court has discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore.
The Serious Fraud Investigation Office (SFIO) in 2012 initiated the case against the Adani Enterprises Limited (AEL) and its promoters Gautam Adani and Rajesh Adani, and filed a chargesheet that accused them of criminal conspiracy and cheating.
In 2019, the two industrialists filed a petition in the HC, seeking to quash a sessions court order of the same year refusing to discharge them from the case.
The HC’s single bench of Justice R N Laddha on Monday quashed the sessions court order and discharged the duo from the case.
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.
A sessions court in November 2019 set aside the magistrate’s order and noted that the SFIO had made out a case of unlawful gain by the Adani Group.
Shivaji Maharaj’s temple inaugurated in Thane
Reporters Today
New Delhi: Maharashtra Chief Minister Devendra Fadnavis on Monday inaugurated a temple dedicated to Chhatrapati Shivaji Maharaj in Thane district, and lauded the Maratha king for fighting for ‘Swarajya’ and the country.
The Maratha king’s birth anniversary was being celebrated across the state on Monday as per the ‘tithi’. The state government’s official ‘Shiv Jayanti’ celebrations are held on February 19 each year.
Fadnavis said just as Lord Ram’s darshan is incomplete without (paying obeisance to) Hanuman, no pilgrimage is complete without paying respect to Chhatrapati Shivaji Maharaj.
“We are able to worship our gods freely today because of Shivaji Maharaj’s efforts. He fought for Swarajya, for God, for our country, and our religion,” he said.
On the occasion, Fadnavis also addressed the ongoing discourse about historical monuments in Maharashtra, particularly the demand from some right-wing outfits for the removal of Mughal emperor Aurangzeb’s tomb at Khuldabad in Chhatrapati Sambhajinagar district.
Fadnavis said while the government is obligated to protect Aurangzeb’s tomb as a declared protected site, its preservation is a matter of historical record rather than reverence.

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