Coal import case: SC notice to Adani Group on DRI’s appeal
The Supreme Court on Wednesday issued notice to Adani EnterprisesNSE 0.97 % on an appeal by Directorate of Revenue Intelligence (DRI) in a matter connected with the alleged over-invoicing of Indonesian coal imports.
A bench headed by Chief Justice S.A. Bobde stayed the Bombay High Court order that quashed letter rogatories (LR) which sought information from foreign countries on the import of coal by Adani. Solicitor General Tushar Mehta appearing for DRI contended before the apex court that the investigation into the matter should continue. The DRI is probing nearly 40 companies for overvaluation of imports.
