Don't Rely On Newspaper Reports: What Chief Justice Said In Adani-Hindenburg Case
NDTV
"The government of India and the Sebi to look into if there is any infraction of law by the Hindenburg report on short selling," the Chief Justice said.
The Supreme Court today said that there were no grounds to transfer the capital markets regulator SEBI's investigation into the Hindenburg case to a Special Investigation Team (SIT). In a victory for the Adani group, the court ruled that George Soros-led OCCRP's report cannot be basis for doubting the regulator's probe.
- "The government of India and the Sebi to look into if there is any infraction of law by the Hindenburg report on short selling and if so, take action in accordance with law."
- "SEBI has completed investigation in 20 out of 22 matters. Taking into account the assurance of the Solicitor General, we direct the SEBI to complete the investigation in the other two cases within three months."
