The RoC had in an order issued on 16 May imposed penalty on three senior executives of Adani Power, including chairman Gautam Adani.
The three officials have been asked to pay ₹75,000 each in penalty within three months out of own resources, but have the chance to contest the same within 60 days, showed the order posted in the website of the ministry of corporate affairs.
A spokesperson for Adani Group said the company is in the process of filing an appeal.
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