WEBNov 2, 2019 · The Bombay High Court order of October 17 in the case of the Adani group has farreaching legal impliions that threaten to jeopardise the evidencegathering process of our law enforcement agencies and has the potential to destabilise many ongoing highprofile cases. The writ petition pertains to the suspected overinvoicing of coal .
WEBJun 21, 2019 · The Directorate of Revenue Intelligence has accused Adani Enterprises Limited of trying to obstruct its investigation into the overvaluation of coal imports by some group firms, The Indian Express ...
WEBOct 13, 2023 · The Adani group has been rocked by another damning report that claims it imported billions of dollars of coal at prices well above market prices, igniting suspicion that the country's largest private importer of coal has been inflating fuel costs and forcing consumers and businesses to overpay for electricity.
WEBJul 20, 2022 · Together, the Adani subsidiaries accounted for 35 per cent of India's coal imports from April to June this year, reflecting the group's growing dominance of the country's infrastructure ...
WEBNov 18, 2023 · The DRI is probing at least 40 companies for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. The list includes six Adani companies including Adani Enterprise and Adani Power. The Adani Group has denied any wrongdoing.
WEBJan 10, 2024 · A bench of Justices Suresh Kumar Kait and Neena Bansal Krishna, while noting in its January 5 order that a petition filed by the Commissioner of Customs (Import) in a matter involving Adani Power Maharashtra Limited is pending before the Supreme Court, said its December 19, 2023 directions to the CBI and DRI in respect of Adani .
WEBJan 6, 2024 · The HC order came on an appliion filed by Adani Power seeking recall of the HC's December 19 order that directed the CBI and Directorate of Revenue Intelligence to meticulously and expeditiously look into the allegations of over invoicing of coal imports and equipment by various companies including, Adani Group and Essar Group, to .
WEBDec 19, 2023 · The Delhi High Court on Tuesday (December 19) issued directives to the Central Bureau of Investigation (CBI) and the Directorate of Revenue Intelligence (DRI) to conduct a probe into allegations of "overinvoicing" related to coal imports and equipment.
WEBJan 9, 2024 · A bench of Justices Suresh Kumar Kait and Neena Bansal Krishna, while noting in its January 5 order that a petition filed by the Commissioner of Customs (Import) in a matter involving Adani Power Maharashtra Limited is pending before the Supreme Court, said its December 19, 2023 directions to the CBI and DRI in respect of Adani .
WEBMar 1, 2023 · Under the clause in the new coal law that allowed old MDO contracts to be reinstated, the Rajasthan stateowned firm continued its coalscamera agreement with its Adani Groupled joint venture.
WEBIn early February 2023, the Directorate of Revenue Intelligence (DRI) of the Ministry of Finance moved the Supreme Court against an Appellate Tribunal's order quashing DRI's case alleging overinvoicing of coal supplies procured by three Adani Group companies. The DRI's case, reported in September 2021 by AdaniWatch, alleged that the ...
WEBNov 17, 2023 · Since 2016, the Directorate of Revenue Intelligence (DRI) has been actively seeking transaction records linked to Adani's dealings from Singapore authorities. ... In court filings, Indian authorities claimed Adani 'grossly overstated' coal import values, potentially siphoning funds to tax havens and inflating power prices in India, with sums ...
WEBNew Delhi, Dec 19 (PTI) The Delhi High Court on Tuesday asked the CBI and the Directorate of Revenue Intelligence (DRI) to "meticulously and expeditiously" look into allegations of overinvoicing ...
WEBFeb 4, 2023 · The Directorate of Revenue Intelligence ( DRI) has moved the Supreme Court challenging an order of the Customs, Excise Service Tax Appellate Tribunal ( CESTAT) quashing a case pertaining to overinvoicing allegations levelled by the Directorate of Revenue Intelligence (DRI) against two Adani group firms.
WEBJan 9, 2020 · Prime Exclusives. The Supreme Court stayed the Bombay High Court's order quashing the Directorate of Revenue Intelligence (DRI) seeking information about the alleged Rs 29,000crore overinvoicing by Adani Enterprises Limited in connection with coal imports from Indonesia. The Solicitor General argued the high court order had .
WEBDec 27, 2021 · The coal will be exported from a terminal at Abbot Point, which Adani bought for 2 billion in 2011 and renamed North Queensland Export Terminal. Analysts said it made sense for Adani to dig the mine to help it make back the massive investment on the coal terminal, which has run nearly half empty since Adani acquired it.
WEBJan 9, 2024 · The Delhi High Court recently passed an order keeping in abeyance its earlier directions to the Directorate of Revenue Intelligence (DRI) and the Central Bureau of Investigation (CBI) to examine allegations of overinvoicing by power companies belonging to the Adani Group [Centre for Public Interest Litigation and Anr v. Union of India and Ors].
WEBNov 17, 2023 · Indian authorities reviewed 1,300 shipments involving Adani and alleged in court filings that it "grossly overstated" or "artificially inflated the import value of coal" as compared with the ...
WEBJan 13, 2020 · Supreme court Stays Bombay HC Judgement Quashing LRs Issued by DRI in Adani Coal Import case . 13th January 2020. Supreme court Stays Bombay HC Judgement Quashing LRs Issued by DRI in Adani Coal Import case . Adani Group – SC.
WEBThe mystery of the Adani coal imports that quietly ... and Singapore to import 5 billion worth of coal at prices sometimes more than double the market value. The FT examined 30 coal shipments ...
WEBOct 9, 2023 · The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. The FT's brazen agenda is exposed by the fact that they have singled out the Adani Group, while the DRI's Circular, the raison d'être for the whole story, mentions as many as 40 importers including the Adani Group companies.
© DZCrusher - كل الحقوق محفوظة
