 "Govt starts talks on using services of private third party arbitrators")
The Bombay High Court order of October 17 in the case of the Adani group has far-reaching legal implications that threaten to jeopardise the evidence-gathering process of our law enforcement agencies and has the potential to destabilise many ongoing high-profile cases.
The writ petition pertains to the suspected over-invoicing of coal imports from Indonesia, being investigated by the Directorate of Revenue Intelligence (DRI). The DRI has alleged that several entities, including the Adani group, through a maze of companies in different sovereign jurisdictions, have overvalued coal imports as compared to actual export value in Indonesia with the intention of siphoning
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