Did companies adequately disclose relationship of Gautam Adani’s daughter-in-law as partner in law firm?

/ Adani Green, Adani Group, Adani Ports, CAM, Companies Act, conflict of interest, corporate disclosure, corporate governance, Cyril Amarchand Mangaldas, Cyril Shroff, Gautam Adani, Karan Adani, law firm, legal services, Paridhi Adani, related party, SEBI, Shareholders, stock exchange, transparency

Questions have been raised in the public arena about whether Adani Group companies should have been ‘more forthcoming’ about doing business with a legal firm in which Gautam Adani’s daughter-in-law is a partner. This story details 12 deals in which the legal firm provided advice either to the Adani company concerned or to another party to the deal. As a ‘related party’ to the Adani Group, should Paridhi Adani’s involvement have been formally disclosed to shareholders and stock exchanges?

Published by: Adani Watch
Read full story here: Main Article

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