The Supreme Court on Thursday set up an expert committee headed by its former judge, Justice Abhay Manohar Sapre, to investigate whether there was a regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in meltdown of the shares of the Adani Group companies in the wake of Hindenburg Research Report on January 24, this year.
Allowing the Securities and Exchange Board of India (SEBI) to continue with its ongoing probe into the Adani fiasco at the stock market, Chief Justice D.Y. Chandrachud heading a bench also comprising Justice P.S. Narasimha and Justice J.B. Pardiwala asked the expert committee to provide an “overall assessment of the situation including the relevant causal factors which have led to the volatility in the securities market in the recent past” causing a huge loss to investors.
The expert committee has also been asked to suggest measures to strengthen investor awareness.
هذه القصة مأخوذة من طبعة March 03, 2023 من The Statesman.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة March 03, 2023 من The Statesman.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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