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Adani-Hindenburg row: SC asks SEBI on status of investigation
The Daily Guardian
|July 12, 2023
The Supreme Court on Tuesday asked the Securities and Exchange Board of India (SEBI) about the status of its ongoing investigation into the allegations of stock price manipulation by the Adani group and said the probe has to be concluded expeditiously by the extended time it has granted till August 14.
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Solicitor General Tushar Mehta, appearing for the SEBI, told a bench headed by Chief Justice D Y Chandrachud that the apex court had granted time till August 14 for the investigation and that the work is going on with possible "legitimate speed". Mehta told the bench, also comprising Justices P S Narasimha and Manoj Misr
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