News Business Adani row: Supreme Court sets up expert committee on issue arising out of Hindenburg report

Adani row: Supreme Court sets up expert committee on issue arising out of Hindenburg report

Adani row: SC was hearing petitions pertaining to Hindenburg report including on constitution of committee relating to regulatory mechanisms to protect the investors.

Adani row, Supreme Court, Supreme Court sets up expert committee, Hindenburg report, Adani news, Ada

Image Source : PTI/ REPRESENTATIONAL (FILE).Adani row: Supreme Court sets up expert committee on issue arising out of Hindenburg report

Edited By: Sheenu Sharma

March 02, 2023 11:25 IST

Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.

Retired judge Justice AM Sapre will head the committee. Also, Supreme Court directed the Securities and Exchange Board of India (SEBI) to investigate whether there has been a violation of Section 19 of SEBI rules, whether there was any manipulation of stock prices.

The apex court directed SEBI to conduct an investigation within two months and submit a status report.

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