Highlights

Adani-Hindenburg verdict today
CJI-led SC bench reserved verdict in Nov
No reason to discredit SEBI, SC had noted

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Supreme Court verdict on Adani-Hindenburg case today

Name: Supreme Court verdict on Adani-Hindenburg case today
Uploaded: 2024-01-03T08:39:30.000+05:30
Duration: T00M30S
Channel: PTI
Description: The top court had noted it has no reason to discredit stock market regulator SEBI which probed the allegations against the Adani Group.

The top court had noted it has no reason to discredit stock market regulator SEBI which probed the allegations against the Adani Group.

Updated: Sep 02, 2022 10:53

PTI

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Supreme Court verdict on Adani-Hindenburg case today

The Supreme Court will pronounce its verdict on Wednesday on a batch of petitions on the Adani-Hindenburg row over allegations of stock price manipulation by the Indian corporate giant.

A bench headed by Chief Justice D Y Chandrachud had on November 24 reserved its verdict on the pleas.

The top court, while reserving the verdict, had said it has no reason to "discredit" SEBI, the stock market regulator, which probed the allegations against the Adani group. The court said there was no material before it to doubt what the market regulator had done.

The bench had said it does not have to treat what was set out in the Hindenburg report as a "true state of affairs".

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Frequently Asked Questions

What is the Supreme Court ruling on regarding the Adani Group?❯

The Supreme Court is ruling on a batch of petitions concerning the Adani-Hindenburg row, specifically allegations of stock price manipulation by the Adani Group.

When is the Supreme Court's verdict on the Adani-Hindenburg case?❯

What did the Supreme Court say about the SEBI investigation?❯

How did the court view the Hindenburg report's allegations?❯

When did the Supreme Court reserve its verdict on these petitions?❯