Solicitor General Tushar Mehta, who appeared for Sebi, told the apex court that 22 of the 24 cases related to the Hindenburg matter were already resolved.
For the remaining two cases, they are awaiting a response from foreign regulators, he added.
Reserving its verdict on the pleas pertaining to the Adani-Hindenburg issue, the Supreme Court on Friday said there were no reasons to doubt or discredit Sebi's probe into the allegations, including that of stock price manipulation, against the Adani Group. Further, the apex court added that it does not have to treat Hindenburg Research's report as a "true state of affairs".
The court also said it would not be proper for it to set up a special investigation team (SIT) for further probes as it does not have any material before it.
A bench of the apex court - comprising Chief Justice of India DY Chandrachud, Justices JB Pardiwala and Manoj Misra also stated that Sebi must complete the probe in all 24 cases.
هذه القصة مأخوذة من طبعة November 25, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 25, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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