Adani-Hindenburg Case Supreme Court Verdict: The Supreme Court has asked SEBI to complete its investigation into the remaining two of 22 matters related to the case within three months.
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 will deliver its verdict on pleas demanding a court-monitored probe into the allegations of fraudulent transactions and share-price manipulation levelled against the Adani Group.