A US judge has accepted Gautam Adani's request for a hearing regarding the dismissal of a fraud case filed by the US Securities and Exchange Commission (SEC). The SEC's allegations, which include a purported bribery scheme exceeding $250 million to secure solar energy contracts in India, are contested by Adani, who asserts that the SEC lacks jurisdiction over the case. His legal team argues that there is no credible evidence supporting the bribery claims and that the alleged misstatements do not constitute actionable fraud under US law. The SEC's complaint, filed in November 2024, claims that Adani and his nephew, Sagar Adani, concealed the bribery scheme from US investors. However, Adani's lawyers maintain that the bonds involved were issued outside the US and that no investor losses occurred, as all principal and interest were repaid in 2024. The court's decision to allow a pre-motion conference enables Adani to present his arguments for dismissal, potentially avoiding a lengthy trial process.