Petitioner and Advocate Vishal Tiwari has sought the Supreme Court direction to the Securities and Exchange Board of India (SEBI) to submit an explanation for not complying with the timeline framed by the top court for completing the investigation into Hindenburg report.
Advocate Prashant Bhushan, appearing for one of the petitioners, informed the top court that the matter was listed for hearing on August 28 but it is being deferred and not getting listed.
The application highlights concerns about certain members of the existing committees, suggesting conflicts of interest. In March 2023, the Supreme Court established an Expert Committee to investigate allegations made against the Adani Group in the Hindenburg Report and examine potential regu
The Securities and Exchange Board of India (SEBI) has filed a fresh status report before the Supreme Court apprising it that out of 24 investigations arising out of the Hindenburg report, 22 are final in nature and 2 are interim in nature.
Adani Group Chairman Gautam Adani while speaking at its Annual General Meeting 2023 on Tuesday told investors that the Supreme Court-appointed expert committee's report helped rebuild confidence in the Group.
A bench headed by Chief Justice of India DY Chandrachud adjourned the hearing, observing that SEBI has filed a response to the report to the expert committee yesterday and but was not circulated. The apex court asked the financial market regulator, SEBI to circulate the court-appointed commi
In its affidavit, the SEBI apprised the top court about the recommendations made by the expert committee, which said that violations of securities laws demanded prompt action to limit the negative impact on the securities market.
Congress leader Jairam Ramesh said the conclusions drawn in the Supreme Court-appointed expert committee report to look into the Adani-Hindenburg row were predictable.
The apex court had on Monday adjourned the hearing on the SEBI plea seeking a six-month extension to conclude the investigation in the Hindenburg Research's report.
Solicitor General Tushar Mehta informed the SC that SEBI is seeking an extension of time for conducting the probe and needs six months to reach any conclusion.
The Supreme Court on Friday listed to hear on May 15 (Monday) the Securities and Exchange Board of India's (SEBI) plea seeking to extend the time to conclude the investigation in the report by US short-seller Hindenburg Research by a period of six months.