Claims baseless, no probe into Adani since 2016, Sebi tells SC livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
A bench headed by Chief Justice of India (CJI) D.Y. Chandrachud and comprising justices P.S. Narasimha and J.B. Pardiwala said that it accepts the petitioners point that Sebi cannot take indefinitely long period to complete its probe and
The Supreme Court on Friday indicated that it may grant three months more time to the Securities and Exchange Board of India (Sebi) to complete its probe into the controversy surrounding the Hindenburg Research report on the Adani Group.A bench .
There has to be some sense of responsibility You must be conscious of the fact that whatever allegations you make, it affects the stability and volatility of the stock market, Justice Chandrachud said, reacting angrily to submissions made by a petitioners lawyer about regulatory failure on part of SEBI.
The apex court disclosed that the Securities and Exchange Board of India (SEBI) will get another three months to complete its probe into Adani-related volatility in the securities market and not six months sought by it.