The Supreme Court of India rejects key demands of petitioners seeking to derail the SEBI investigation into the Adani-Hindenburg case. Read the complete story to unfold the chronology of events since the controversy began.
Adani-Hindenburg case verdict: The SC rejects pleas to transfer Adani fraud case investigation to SIT. The top court has ordered the Centre and SEBI to investigate whether the Hindenburg report on short selling violates any laws, and if so, to take appropriate legal action.
Adani-Hindenburg Case Verdict: A bench headed by Chief Justice of India D Y Chandrachud said that SEBI must carry out the investigation to its logical end and that “no ground was made out for transfer of probe” from the regulatory board.
The Supreme Court of India is set to pronounce its judgement in the Adani Hindenburg Case today, January 3, 2024 on the batch of pleas seeking independent probe in fraud allegations against the Adani Group. - What Is The Adani-Hindenburg Case In Which Supreme Court Has Decided Not To Intervene - EXPLAINED