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The High Court of Bangladesh has issued an injunction halting arbitration proceedings in Singapore involving India’s Adani Group until the government’s investigation report on the power purchase agreement is submitted. The order was passed by Justices Md Bazlur Rahman and Urmi Rahman on November 19 after hearing a petition filed by senior lawyer Barrister M Abdul Qayum. The petitioner had earlier sought a review or cancellation of the Adani power deal, alleging irregularities in the agreement. Qayum argued that if arbitration proceeded before the investigation report was completed, the inquiry’s significance would be undermined. The court had previously, on November 19 last year, directed the formation of a three-member committee to investigate the deal. The latest order effectively pauses Adani’s attempt to pursue claims in Singapore until the findings of the ongoing probe are made public.

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