Key Points
New Delhi: Indias market regulator told the Supreme Court on Monday that any incorrect or premature conclusion of its investigation into the Adani groups possible lapses of regulatory disclosures will be legally untenable and not serve justice...
The Securities and Exchange Board of India (SEBI), on April 29, had sought six months to complete its probe, rather than the two months it given was on March 2..
However, the Supreme Court said on Friday it was inclined to give a three-month extension...
The probe comes after U.S.-based short-seller Hindenburg Research had, in January, raised several governance concerns around billionaire Gautam Adanis group, and alleged improper use of tax havens and stock manipulation by the ports-to-energy conglomerate..
The SEBI, in a court filing on Monday, said the groups transactions highlighted by Hindenburg for violating Indian laws are highly complex and have many sub-transactions across numerous jurisdictions...
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Incorrect or premature conclusion of Adani probe will not serve justice, SEBI tells SC
27, Sep, 23SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension.
Adani-Hindenburg case: Supreme Court to deliver verdict on set of pleas seeking probe
03, Jan, 24Adani-Hindenburg case: In March last year, the Supreme Court instructed Sebi to look into any securities law violations by the Adani Group following the Hindenburg report and formed a six-member expert committee.
Supreme Court reserves order in Adani-Hinderburg case
24, Nov, 23Earlier in the day, market regulator Sebi told the Supreme Court that it will not be asking for any more extension to complete its probe in the Adani-Hindenburg matter.
‘No conclusions of any alleged wrong-doing’ Adani Group on SEBI’s 6 month extension request to complete Hidenburg probe
29, Apr, 23The Gautam Adani-led conglomerate responded saying it is fully cooperating with the probe.
Adani-Hindenburg: SEBI gets extension till August 14 to complete probe
17, May, 23Adani-Hindenburg: SEBI has time till August 14 to complete the probe.
Three more months for Adani probe likely
13, May, 23The Supreme Court of India said on Friday that it may give the Securities and Exchange Board of India (Sebi) another three months to complete its probe into the Adani Group.
Adani-Hindenburg case: 'What has SEBI done to probe volatility in market,' asks SC
24, Nov, 23'SEBI has to take steps so that these instances of short selling can be avoided in future,' says CJI
Adani-Hindenburg row: Market regulator SEBI seeks 15 more days to submit report
14, Aug, 23The Securities and Exchange Board of India (SEBI) has sought 15 more days from the Supreme Court to submit its report on the investigation into allegations of market manipulation against Adani Group levelled in the Hindenburg report.
'Extraordinarily generous to...': Congress reacts to Supreme Court's verdict on Adani Group
03, Jan, 24Earlier today, the apex court delivered its verdict on pleas seeking a probe into the fraud charges levelled by shortseller Hindenburg Research against the Adani Group.