Adani Row: Top Lawyer Harish Salve Says Probe Must Be Time-Bound
NDTV
Harish Salve also praised the panel that has been appointed by the Supreme Court to look into the controversy.
Senior lawyer Harish Salve has said the investigation into US short-seller Hindenburg Research's report that dragged down Adani group stocks must be completed in a time-bound manner.
"It is critical (this investigation is time-bound) because investors' confidence is fragile. Today, whether true or false, investor sentiment has been damaged by such occurrences of market volatility and to build it back we need to know quickly what exactly happened," he told NDTV in an interview.
He also praised the panel that has been appointed by the Supreme Court to look into the controversy, saying, "This is a very specialised field. [Retired Supreme Court Judge] Justice [AM] Sapre brings an experience - he has been a commercial lawyer, we have worked together... He was in the SAT (Securities Appellate Tribunal). So is [lawyer] Somasekharan Sundaresan. He knows the subject. He knows this law better than most lawyers do. He can teach me this law. He is that good."
The Supreme Court on Thursday set up a six-member committee of experts to examine issues arising out of the Adani Group's stock crash triggered by Hindenburg's allegations.
