https://www.taxtmi.com/news?id=72276 US securities fraud proceedings concerning an offshore bond offering by an Indian renewable energy company were met with a request for dismissal on grounds of lack of personal jurisdiction and impermissible extraterritorial application of US law. The filing contends that the securities were issued outside the United States under Rule 144A and Regulation S, were not listed or traded on a US exchange, and involved an Indian issuer and conduct alleged to have occurred in India. It further asserts that the complaint does not plead a domestic transaction, sufficient minimum contacts, or that irrevocable liability was incurred in the United States. en-us Tue, 07 Apr 2026 23:16:02 +0530 Tue, 07 Apr 2026 23:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72276 US securities fraud proceedings concerning an offshore bond offering by an Indian renewable energy company were met with a request for dismissal on grounds of lack of personal jurisdiction and impermissible extraterritorial application of US law. The filing contends that the securities were issued outside the United States under Rule 144A and Regulation S, were not listed or traded on a US exchange, and involved an Indian issuer and conduct alleged to have occurred in India. It further asserts that the complaint does not plead a domestic transaction, sufficient minimum contacts, or that irrevocable liability was incurred in the United States. News - Tue, 07 Apr 2026 23:16:02 +0530 https://www.taxtmi.com/news?id=72276