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Adani Group Gets Clean Chit from SEBI in Hindenburg Case; No SIT Probe Or Truth has Prevailed

Claims that the Indian giant Adani manipulated stock prices are at the heart of the Hindenburg report Adani. On Wednesday, the Supreme Court granted SEBI three months to investigate the pending two cases out of twenty four cases.<br><br>

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Adani Group Gets Clean Chit from SEBI in Hindenburg Case; No SIT Probe Or Truth has Prevailed

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  1. ADANI GROUP GETS CLEAN CHIT FROM SEBI IN HINDENBURG CASE; NO SIT PROBE OR TRUTH HAS PREVAILED

  2. Claims that the Indian giant Adani manipulated stock prices are at the heart of the Hindenburg report Adani. On Wednesday, the Supreme Court granted SEBI three months to investigate the pending two cases out of twenty four cases.

  3. Supreme Court Upholds SEBI’s Integrity Amidst Doubtful Narratives Casting doubt on the statutory regulator (SEBI) via press pieces and outside parties is discouraging. However, the highest court in the land ruled that there wasn’t enough proof to question SEBI’s inquiry.

  4. “Before concluding, public interest jurisprudence was developed to provide access to ordinary citizens… petitions that lack adequate research and rely on unsubstantiated reports cannot be accepted,” the court said.

  5. The Supreme Court denied the motion to transfer the investigation to a Special Investigation Team. The court emphasized the need to use this authority with appropriate and rational justification, saying that it should only be done in exceptional cases.

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