Photo of Pallavi Choudhary

Principal Associate designate in the Dispute Resolution & White Collar Crimes practice at the Mumbai office of Cyril Amarchand Mangaldas. Pallavi focuses on cross border issues and litigation, involving enforcement of petitions and advisory pertaining to Hague Evidence Convention, regulatory compliance, and international enforcement proceedings in India. She can be reached at pallavi.choudhary@cyrilshroff.com.

Scope of summoning Indian nationals for virtual testimonies by Securities and Exchange Commission- Legal limits by local laws and international cooperation framework

Introduction

International law enforcement authorities are increasingly relying on mutual cooperation to obtain evidence or information outside their jurisdictional authority. Conducting joint investigations into prospective securities law violations, spanning countries, is also becoming common practice. This article discusses the scope and powers of the United States Securities and Exchange Commission (“SEC”) to seek/ obtain documents and witness testimonies from an Indian national involved in potential securities law violations abroad, which may have implications in the United States.Continue Reading Scope of summoning Indian nationals for virtual testimonies by Securities and Exchange Commission- Legal limits by local laws and international cooperation framework