Thread by @TheFactFindr

#AdaniGroup cannot file a case against @HindenburgRes for two reasons
1) Report was published in US. A case filed in India, it will be Transferred to the US under law.

Adani can’t risk providing Documentation for 270+ Entities plus Related Party Overseas Entities & 7 FPIs

Which might be made party to the case

2) There is nothing Wrong with what the Hindenburg Report disclosed. It’s contains Public Information as well as Investigative Journalism obtained at their one cost

PRECISELY why #AdaniGroup is YET to file case against #HindenbergResearch

One of the MOST important accusations of made in the #HindenburgReport is that Adani Listed Cos, Adani Family & People acting in concert are round tripping money from Adani back into Adani via FPIs. In the #AdaniGroup410page Response, they have NOT ADDRESSED THIS

Any Defamation case by #AdaniGroup will eventually go to the US courts since the Research Report was published in US.

heard of the anti-suit injunction? injunction ordering a party either not to commence or not to take any further steps in proceedings in another jurisdiction.

When a court restrains a party to a suit or proceeding before it from instituting or prosecuting a case in another court including a foreign court, it is called anti-suit injunction

Anti-suit injunctions are often the result of disputes regarding the proper jurisdiction i.e. court of a country to decide the dispute.