Adani-Hindenburg : Did The Supreme Court Panel Ask The Right Questions?
1 year, 7 months ago

Adani-Hindenburg : Did The Supreme Court Panel Ask The Right Questions?

Live Law  

To get the right answers, one needs to ask the right questions. The other members of the committee were : OP Bhatt Justice JP Devadhar KV Kamat Nandan Nilakeni Somasekaran Sundaresan The Court asked the panel to “investigate whether there has been regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in relation to the Adani Group or other companies''. Panel does not ask The regulations framed by SEBI in 2014 - SEBI Regulations- mandated that the FPIs should not have an “opaque structure” and that they should declare their “ultimate beneficial owner”. The “beneficial owners” declared by them under PMLA rules are regarded as the “ultimate beneficial owners” as per the SEBI regulations. Incidentally, certain sections interpreted the panel’s observations as a “clean chit” to Adani group and its stock prices reportedly rose after the report came into public domain.

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History of this topic

US bribery case against Adani reaches Supreme Court, Sebi in the dock
1 month, 2 weeks ago

US bribery case against Adani reaches Supreme Court, Sebi in the dock

India Today  

A fresh application was filed before the Supreme Court on Sunday urging it to take on record the charges of bribery and fraud brought against billionaire Gautam Adani and his seven associates by US authorities. The petition, filed by Vishal Tiwari, alleges shortcomings in the Securities and Exchange Board of India’s investigation into Hindenburg Research's allegations against the Adani Group …

Déjà vu moment for Adani Group after Hindenburg allegations
1 month, 2 weeks ago

Déjà vu moment for Adani Group after Hindenburg allegations

Deccan Chronicle  

CHENNAI: The indictment by the Securities Exchange Commission and the group’s loss in market capitalisation is a moment of déjà vu for Adani Group after the Hindenburg reports of 2023. In its January 2023 report, Hindenburg Research accused the Adani Group of engaging in extensive accounting fraud, stock price manipulation, and exploiting tax havens. Hindenburg in August this year further …

Adani Group rocked by Hindenburg allegations against SEBI
4 months, 4 weeks ago

Adani Group rocked by Hindenburg allegations against SEBI

Al Jazeera  

Adani Group’s stock value plunged by nearly $150bn after Hindenburg Research’s first report in January 2023. Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, has faced another heavy share selloff after the short seller accused the head of India’s market regulator of having links to offshore funds also used by the group. Buch said the …

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?
5 months ago

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?

Hindustan Times  

Hindenburg Research on Saturday released a report that alleged the Securities and Exchange Board of India did not act on claims it made in its 2023 report against the Adani Group because the market regulator's chief, Madhabi Puri Buch, had investments in offshore firms linked to the conglomerate. Hindenburg Research in a new report released on Saturday alleged that SEBI …

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report
5 months ago

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report

Hindustan Times  

US-based investment research firm “Hindenburg Research” on Saturday shared a cryptic post hinting at another major India-focused report. In an X post on Friday, the firm worte, “Something big soon India.” In 2023, following the allegations against the Adani Group, shares of various Adani companies plummeted, with reported losses exceeding USD 100 billion. These accusations, detailed in the report by …

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report
6 months, 1 week ago

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report

Hindustan Times  

United States-based short-seller Hindenburg Research on Monday claimed that it has received a ‘show cause’ notice, outlining suspected violations over its short bet against Adani Group last year. Hindenburg Research, which had accused Adani Group of improper use of tax havens and flagged concerns about debt levels in a report in 2023, termed SEBI's notice as an attempt “to silence …

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'
6 months, 1 week ago

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

India TV News  

Adani-Hindenburg row: Hindenburg Research, the US-based short-seller, said it received a show-cause notice from India’s capital market regulator Securities and Exchange Board of India in the Adani Group case. The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of millions of dollars? Adani-Hindenburg row Hindenburg …

Adani-Hindenburg case: Review petition filed in SC against January 3 verdict
10 months, 4 weeks ago

Adani-Hindenburg case: Review petition filed in SC against January 3 verdict

Live Mint  

A petition has been filed in the Supreme Court seeking review of its January 3 verdict by which it refused to transfer the probe into allegations of stock price manipulation by the Adani Group to a special investigation team or the Central Bureu of Investigation. Here's why review petition challenges SC's verdict The plea, filed through advocate Neha Rathi, said …

Adani-Hindenburg Row | Plea Filed In Supreme Court Seeking Review Of Verdict Endorsing SEBI Investigation
10 months, 4 weeks ago

Adani-Hindenburg Row | Plea Filed In Supreme Court Seeking Review Of Verdict Endorsing SEBI Investigation

Live Law  

In the latest development in the Adani-Hindenburg row, a review petition has been filed challenging the recent Supreme Court verdict that dismissed pleas for a probe into allegations of stock price manipulations by the Adani group of companies.The plea, filed by petitioner Anamika Jaiswal, seeks a review of the January 3 judgment, which rejected calls for a Special Investigation Team. …

'Truth has prevailed': Gautam Adani tweets after SC refused to order SIT probe on claims by short-seller Hindenburg
1 year ago

'Truth has prevailed': Gautam Adani tweets after SC refused to order SIT probe on claims by short-seller Hindenburg

Op India  

On Wednesday, India’s business tycoon Gautam Adani expressed his contentment after the Supreme Court ruled that it could not interfere with the regulatory framework or use the Hindenburg report as a justification for launching an SIT investigation. Following this, Gautam Adani took to X, formerly known as Twitter, and said that his humble contribution to India’s growth story would now …

SEBI is capable enough, no need for SIT against Adani: Supreme Court refuses to hold OCCRP, Hindenburg claims as truth
1 year ago

SEBI is capable enough, no need for SIT against Adani: Supreme Court refuses to hold OCCRP, Hindenburg claims as truth

Op India  

In a major relief to the Adani Group, the Supreme Court ruled on Wednesday that it could not interfere with the regulatory framework or use the Hindenburg report or anything similar as justification for launching a new investigation. Supreme Court directs SEBI to complete its probe of two pending cases out of 24 in the Adani-Hindenburg issue within 3 months. …

Adani Hindenburg Case Verdict: SC directs SEBI to complete probe in 3 months
1 year ago

Adani Hindenburg Case Verdict: SC directs SEBI to complete probe in 3 months

Live Mint  

Adani-Hindenburg case verdict: The Supreme Court on December 3 pronounced its verdict on a batch of petitions that were filed seeking a court-monitored investigation or CBI probe into the allegations made against Adani Group of companies in the Hindenburg Research report. Adani Hindenburg Case Verdict Live Updates Here are 10 points to know from the judgment 1. While reading out …

Adani Hindenburg Case Verdict: SC refuses to transfer probe from SEBI to SIT
1 year ago

Adani Hindenburg Case Verdict: SC refuses to transfer probe from SEBI to SIT

Live Mint  

Adani Hindenburg Case Verdict: The Supreme Court has on December 3 held that there is no ground to transfer the Adani Hindenberg case investigation from the Securities and Exchange Board of India to a Special Investigation Team. In March 2023, the top court directed the capital markets regulator Securities and Exchange Board of India to investigate any violations of securities …

Adani-Hindenburg case verdict | No ground to transfer the investigation from SEBI to SIT, says SC
1 year ago

Adani-Hindenburg case verdict | No ground to transfer the investigation from SEBI to SIT, says SC

The Hindu  

The Supreme Court on January 3 refused to transfer the investigation being carried out by market regulator SEBI into Hindenburg Research’s allegations against the Adani Group to a separate Special Investigation Team saying that the power of the court to enter the regulatory domain of SEBI is “limited”. Taking into account the assurance of the Solicitor General, we direct SEBI …

India’s Adani gets top court relief on further probe over Hindenburg report
1 year ago

India’s Adani gets top court relief on further probe over Hindenburg report

Al Jazeera  

Indian agency was probing the group after Hindenburg Research last year alleged the improper use of tax havens and stock manipulation. India’s Supreme Court says the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator, a major relief for the conglomerate hit hard by a United States-based shortseller’s allegations of wrongdoing. Though …

SC to deliver verdict on Adani-Hindenburg row over market manipulation allegations today
1 year ago

SC to deliver verdict on Adani-Hindenburg row over market manipulation allegations today

India TV News  

The Supreme Court is poised to announce its verdict on Wednesday regarding the Adani-Hindenburg dispute, addressing allegations of stock price manipulation against the Indian corporate giant, Adani Group. One of the PILs alleged that amendments to the Securities and Exchange Board of India Act provided a shield for the Adani Group's regulatory contraventions and market manipulations. The Hindenburg Research report, …

SEBI to tell court Adani inquiry began 2014, but hit dead end: sources
1 year, 3 months ago

SEBI to tell court Adani inquiry began 2014, but hit dead end: sources

The Hindu  

Markets regulator SEBI will tell the Supreme Court why it paused, then restarted investigations into the Adani Group after a tip in 2014 amid questions around regulatory delays, according to two people with direct knowledge of the matter. The Securities and Exchange Board of India will say for the first time that India's customs authority alerted it to an alleged …

'22 out of 24 matters probed’: SEBI submits status report to SC in Adani case
1 year, 4 months ago

'22 out of 24 matters probed’: SEBI submits status report to SC in Adani case

Hindustan Times  

Capital markets regulator SEBI on Friday informed the Supreme Court that it has completed the probe in all but two allegations against the Adani group and is still awaiting information from five tax havens on actual owners behind foreign investors investing in the conglomerate. SEBI also said an interim report has been approved by the competent authority with respect to …

After Supreme Court panel’s report in Adani-Hindenburg case, Sebi seeks to tighten FPI norms
1 year, 6 months ago

After Supreme Court panel’s report in Adani-Hindenburg case, Sebi seeks to tighten FPI norms

Hindustan Times  

The Securities and Exchange Board of India informed the Supreme Court on Monday that its board has approved a proposal mandating granular disclosures for certain categories of foreign portfolio investors, more than a month after a court-appointed expert committee to probe the Adani-Hindenburg episode raised certain red flags regarding the current FPI regulations. On May 17, the apex court gave …

An unclean chit: The Hindu Editorial on the SEBI investigation and Hindenburg Research’s allegations
1 year, 7 months ago

An unclean chit: The Hindu Editorial on the SEBI investigation and Hindenburg Research’s allegations

The Hindu  

Last Wednesday, the Supreme Court granted the Securities and Exchange Board of India more time to complete its investigation into Hindenburg Research’s allegations of malfeasance, stock price manipulations and violations of minimum public shareholding requirements in Adani Group firms. But the findings of a six-member expert panel, tasked by the Court to review Indian securities market’s overall regulatory and investor …

Six entities under lens for suspicious trading in Adani shares: Supreme Court panel
1 year, 7 months ago

Six entities under lens for suspicious trading in Adani shares: Supreme Court panel

The Hindu  

Six entities including four foreign portfolio investors are under the lens for suspicious trading in Adani Group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of the Hindenburg report, and substantial profits were …

SC panel puts six entities under lens for alleged trading in Adani shares
1 year, 7 months ago

SC panel puts six entities under lens for alleged trading in Adani shares

Hindustan Times  

Six entities including four foreign portfolio investors are under lens for suspicious trading in Adani group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of the Hindenburg report, and substantial profits were booked …

Adani-Hindenburg Case: What does SC-appointed panel report say? Key takeaways
1 year, 7 months ago

Adani-Hindenburg Case: What does SC-appointed panel report say? Key takeaways

Live Mint  

The Supreme Court on May 19 made public the report of the court-appointed six-member expert panel in the Adani-Hindenburg case, which notably said that capital markets regulator Securities and Exchange Board of India has "drawn a blank" in investigations into suspected violations in overseas investments in the Adani group and its ongoing pursuit of the case could be a "journey …

Hindenburg-Adani case | Supreme Court-appointed expert panel ‘clears’ SEBI
1 year, 7 months ago

Hindenburg-Adani case | Supreme Court-appointed expert panel ‘clears’ SEBI

The Hindu  

A six-member expert committee — constituted by the Supreme Court in the Hindenburg-Adani allegations case and headed by former Supreme Court judge, Justice A.M. Sapre — said that the Securities Exchange Board of India has “drawn a blank” and is in a “chicken-and-egg situation” in its investigation into the “ownership” of 13 overseas entities, including 12 Foreign Portfolio Investors. Opaque …

Sebi probe into Adani drew blank: SC-appointed panel
1 year, 7 months ago

Sebi probe into Adani drew blank: SC-appointed panel

Deccan Chronicle  

New Delhi: An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima …

Adani Group gets Supreme Court panel's clean chit in Hindenburg allegations: 'Prima facie no violation' – India TV
1 year, 7 months ago

Adani Group gets Supreme Court panel's clean chit in Hindenburg allegations: 'Prima facie no violation' – India TV

India TV News  

Adani-Hindenburg row: In a huge relief for Adani Group, an expert committee appointed by the Supreme Court to investigate allegations around the company made by US short-seller Hindenburg Research has found that it was not possible to conclude if there has been regulatory failure on stock price manipulation allegations. The Supreme Court had appointed the committee after US short-seller Hindenburg …

Adani-Hindenburg: SC gives SEBI extension till August 14 to complete probe
1 year, 7 months ago

Adani-Hindenburg: SC gives SEBI extension till August 14 to complete probe

Live Mint  

The Securities and Exchange Board of India has received an extension of time till August 14 to complete its probe into the Adani-Hindenburg episode. SEBI informed the Supreme Court on May 15 that it had not conducted any public investigation into Adani group companies, listed on the stock exchange, since 2016 regarding the suspected misuse of global depository receipts for …

Adani-Hindenburg row: SC extends deadline for SEBI probe till Aug 14
1 year, 7 months ago

Adani-Hindenburg row: SC extends deadline for SEBI probe till Aug 14

Deccan Chronicle  

New Delhi: The Supreme Court will on Wednesday extended the Securities and Exchanges Board of India to conclude its probe into the Hindenburg Research report on Adani Group till 14 August 2023. SEBI submitted before the Supreme Court that the application for extension of time filed by it is meant to ensure carriage of justice keeping in mind the interest …

Adani-Hindenburg row: Supreme Court to hear SEBI’s plea on extension of probe time
1 year, 7 months ago

Adani-Hindenburg row: Supreme Court to hear SEBI’s plea on extension of probe time

The Hindu  

The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India seeking an extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. "The application for extension of time filed by SEBI is meant to ensure carriage of justice keeping in mind the interest …

Claims baseless, no probe into Adani since 2016, Sebi tells SC
1 year, 7 months ago

Claims baseless, no probe into Adani since 2016, Sebi tells SC

Live Mint  

New Delhi: The markets regulator has not investigated publicly traded Adani group companies since 2016 for suspected misuse of global depository receipts to route black money or any other violation, the Securities and Exchange Board of India told the Supreme Court on Monday. Sebi reiterated its request for an additional six months to conclude its investigation into the Adani-Hindenburg incident …

Adani-Hindenburg case: SC adjourns hearing SEBI’s plea for extension of probe
1 year, 7 months ago

Adani-Hindenburg case: SC adjourns hearing SEBI’s plea for extension of probe

Live Mint  

The Supreme Court has adjourned the hearing of the plea filed by capital markets regulator Securities and Exchange Board of India seeking a six-month extension to complete the probe on Adani Group to July 10, according to CNBC-TV18. SEBI told the Supreme Court on May 15 that any incorrect or premature conclusion of its investigation into the Adani group's possible …

SC offers 3-month extension to Sebi on Adani group case
1 year, 7 months ago

SC offers 3-month extension to Sebi on Adani group case

Live Mint  

The Supreme Court on Friday offered an additional three months to the Securities and Exchange Board of India to complete its investigation into the alleged violation of laws by the Adani group, expressing reservations about the regulator’s request for a six-month timeframe. The court, however, said it would review the Justice Sapre committee’s report on regulatory failure and breach of …

Adani-Hindenburg row | Supreme Court confirms receipt of J. Sapre panel report
1 year, 7 months ago

Adani-Hindenburg row | Supreme Court confirms receipt of J. Sapre panel report

The Hindu  

The Supreme Court on Friday said it will use the weekend to pore over the report submitted by an expert committee led by former of apex court judge, Justice Abhay Manohar Sapre, on Hindenburg Foundation’s allegations of manipulation of share prices and fraud against the Adani group before taking a call on a request by Securities and Exchange Board to …

Adani-Hindenburg row: SC to hear matter on May 12
1 year, 8 months ago

Adani-Hindenburg row: SC to hear matter on May 12

Deccan Chronicle  

NEW DELHI: The Supreme Court will hear on May 12 the pleas on the Adani-Hindenburg row and is likely to consider market regulator SEBI's application seeking a six-month extension to complete its probe into the allegations of stock price manipulation by the Adani group and lapses in regulatory disclosure. The apex court had on March 2 asked SEBI to probe …

Adani-Hindenburg Saga: SC to hear SEBI’s 6-month extension plea on May 12
1 year, 8 months ago

Adani-Hindenburg Saga: SC to hear SEBI’s 6-month extension plea on May 12

Live Mint  

The Supreme Court will hear the plea by capital markets regulator Securities and Exchange Board of India seeking a six-month extension to complete the probe on Adani Group on May 12, according to CNBC-TV18. Sebi had asked the apex court for the extension to finish its investigation into allegations levelled by US-based short seller Hindenburg against the conglomerate, noting that …

Buying time: on the Securities and Exchange Board of India probe and allegations against Adani group
1 year, 8 months ago

Buying time: on the Securities and Exchange Board of India probe and allegations against Adani group

The Hindu  

Barely two days before the expiry of a Supreme Court-stipulated deadline to probe allegations raised by Hindenburg Research about misdemeanours and violations of stock market norms by the Adani group, the Securities and Exchange Board of India has sought at least six more months from the Court to finalise its findings. Following the bloodbath in the prices of most Adani …

‘No conclusions of any alleged wrong-doing’ Adani Group on SEBI’s 6 month extension request to complete Hindenburg probe
1 year, 8 months ago

‘No conclusions of any alleged wrong-doing’ Adani Group on SEBI’s 6 month extension request to complete Hindenburg probe

Live Mint  

After Sebi asked the Supreme Court for a 6-month extension to finish its investigation into the Hindenburg allegations made against the Adani Group, the Gautam Adani-led conglomerate responded saying it is fully cooperating with the probe. "We understand that Sebi has approached the Hon'ble Supreme Court for more time to conclude its investigation," the statement further said. "While we continue …

After Sebi's legal filing in SC, Adani Group says 'no conclusions of wrong-doing'
1 year, 8 months ago

After Sebi's legal filing in SC, Adani Group says 'no conclusions of wrong-doing'

Hindustan Times  

Following the SEBI's request to the Supreme Court for a 6-month extension to complete its investigation into the Hidenburg allegations levelled against the Adani Group, the Gautam Adani-led conglomerate said that it is fully cooperating in the investigation and that the application by the Indian market regulator carries no conclusions of wrongdoing. As a result, the Adani Group's market value …

SEBI asks SC for six more months to complete probe into Hindenburg report
1 year, 8 months ago

SEBI asks SC for six more months to complete probe into Hindenburg report

The Hindu  

The Securities and Exchange Board of India on April 29 asked the Supreme Court for six more months to complete its investigation into Hindenburg Research’s damning report accusing the Adani Group of “brazen stock manipulation and accounting fraud schemes over the course of decades”. “Various information/documents were sought from entities such as the seven listed Adani companies, including subsidiaries, step …

Sebi seeks 6-month extension to complete Adani probe: Report
1 year, 8 months ago

Sebi seeks 6-month extension to complete Adani probe: Report

Hindustan Times  

India’s market regulator has asked for a six-month extension to complete its probe into possible lapses in securities market laws and regulatory disclosures by billionaire Gautam Adani's Adani group, according to a court document seen by Reuters. The Securities and Exchange Board of India filed its request with the Supreme Court on Saturday, citing complex transactions involving the conglomerate's listed, …

Sebi probing some Adani offshore deals for possible rule violations: Report
1 year, 9 months ago

Sebi probing some Adani offshore deals for possible rule violations: Report

Live Mint  

India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore entities that have links to the brother of the conglomerate's founder, two people said. Vinod Adani, Gautam Adani's brother, is either a beneficial owner, director or has links with those three offshore entities, said the two sources, adding …

Why SEBI didn't get to bottom of issues raised by Hindenburg: Ex-RBI governor
1 year, 10 months ago

Why SEBI didn't get to bottom of issues raised by Hindenburg: Ex-RBI governor

Hindustan Times  

Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their USD 6.9 billion in Adani group stocks, saying does the market regulator need help of investigating agencies for this? They came into focus once again in …

India’s top court orders probe of Adani business group
1 year, 10 months ago

India’s top court orders probe of Adani business group

Associated Press  

NEW DELHI — India’s top court on Thursday ordered an expert committee to investigate any regulatory failures related to the country’s second-largest conglomerate, the Adani Group. Shares in the group’s flagship, Adani Enterprises, and other affiliated companies have lost tens of billions of dollars in market value since Hindenburg issued its report. The top court also directed the government-run Securities …

Adani-Hindenburg | Formation Of Expert Committee Does Not Divest SEBI Of Its Responsibilities In Continuing Investigation : Supreme Court
1 year, 10 months ago

Adani-Hindenburg | Formation Of Expert Committee Does Not Divest SEBI Of Its Responsibilities In Continuing Investigation : Supreme Court

Live Law  

The Supreme Court of India, in its judgement constituting an expert committee to review the regulatory mechanism in the light of Adani-Hindenburg issue, provided details regarding a note SEBI had submitted before the bench to set out the existing statutory regime for investors in India. The court remarked that the constitution of the expert committee did not divest SEBI of …

SC sets up panel on Hindenburg report on Adani, seeks report in two months
1 year, 10 months ago

SC sets up panel on Hindenburg report on Adani, seeks report in two months

Deccan Chronicle  

New Delhi: The Supreme Court has set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies. On February 17, while reserving its order, the top court refused to accept the sealed cover suggestion by the Centre on the appointment of the committee related to regulatory mechanisms to protect the investors in the …

Adani vs Hindenburg: Supreme Court orders probe, forms experts committee
1 year, 10 months ago

Adani vs Hindenburg: Supreme Court orders probe, forms experts committee

Hindustan Times  

The Supreme Court on Thursday ordered a probe into the Adani-Hindenburg episode and set up an experts committee to be headed by its retired judge AM Sapre. On February 17, the CJI-led bench reserved its order on the composition and remit of a committee, which is expected to look into the recent episode that witnessed a massive slide in Adani …

India top court orders probe into allegations against Adani Group
1 year, 10 months ago

India top court orders probe into allegations against Adani Group

Al Jazeera  

Court asks market regulator to investigate possible lapses in securities law or other regulatory disclosures by Gautam Adani-led group. India’s top court has asked the market regulator to investigate any possible lapses in securities law or other regulatory disclosures by the Adani Group which has been accused of business malpractice by a United States-based short seller. The Supreme Court on …

Hindenburg Research report on Adani Group | Supreme Court verdict on expert committee on March 2
1 year, 10 months ago

Hindenburg Research report on Adani Group | Supreme Court verdict on expert committee on March 2

The Hindu  

The Supreme Court on Thursday is scheduled to pronounce its judgment on the formation of an expert committee to examine Hindenburg Research firm’s damning report on the Adani Group. The court had refused to accept in a sealed cover the government's suggestions about the names and mandate of the committee, saying that public confidence would take a hit if an …

Adani-Hindenburg : Supreme Court To Pass Orders Tomorrow On Constituting Committee To Review Regulatory Mechanism
1 year, 10 months ago

Adani-Hindenburg : Supreme Court To Pass Orders Tomorrow On Constituting Committee To Review Regulatory Mechanism

Live Law  

The Supreme Court will pass orders tomorrow on constituting an expert committee to review the regulatory mechanism in the light of Adani-Hindenburg issue.A bench comprising Chief Justice of India DY Chandrachud, Justice PS Narasimha and Justice JB Pardiwala had decided to constituted an expert committee to analyse if the regulatory mechanism needs to be strengthened to protect Indian. The Supreme …

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