The Supreme Court on Friday reserved an order on the matter relating to the Hindenburg report and said that it cannot ask the Securities and Exchange Board of India (SEBI) to take something based on the media report.
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.
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.
In a run-up to this tweet, he also posted a long tweet about the Supreme Court granting a three-month extension after SEBI asked for a six-month extension for the probe into Hindenburg report.
The bench led by Chief Justice of India Dr Dhananjaya Yeshwant Chadrachud and also comprising Justices P S Narsimha and J B Pardiwala will hear the matter on Friday almost two months after it had asked market regulator and an experts' panel to probe the matter.
"At the outset, I wish to inform the House that the allegations of the presence of Shell companies in Mauritius are false and baseless. According to law, Shell Companies are not allowed in Mauritius or global business companies licensed by the Financial services providers have to meet sub
The Supreme Court will hear on May 12, the Securities and Exchange Board of India (SEBI) plea seeking to extend the time to conclude the investigation in the Hindenburg report by a period of 6 months.
Supreme Court on March 2 set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies. The committee will consist of six members, headed by former apex court judge Justice AM Sapre.The top court had then asked SEBI to file a status report withi
The letter written to the Securities and Exchange Board of India (SEBI)'s Chairman, Madhabi Puri Buch, reads, "This letter is in reference to my earlier letter dated 3rd February, 2023, regarding alleged irregularities by the Adani Group."