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
12, Dec, 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.
Hindenburg report: SEBI not seeking extension to complete probe into Adani Group, Centre tells Supreme Court
24, Nov, 23SEBI will not seek an extension to complete a probe into Gautam Adani's group.
SC order on Hindenburg issue: Truth will prevail, says Gautam Adani
02, Mar, 23Adani tweeted The Adani Group welcomes the order of the Honble Supreme Court It will bring finality in a time bound manner Truth will prevail
Allegations Of Adani Investigations Since 2016 "Factually Baseless", Says SEBI
15, May, 23Market regulator SEBI told the Supreme Court today that allegations that it has been investigating the Adani Group since 2016 are "factually baseless". It also cautioned against "premature and wrong conclusions" in the case.
Adani-Hindenburg case: Haven’t probed any Adani company since 2016, SEBI tells Supreme Court
15, May, 23Hindenburg Research, the US-based short seller firm, had accused industrialist Gautam Adani-led conglomerate of “brazen stock manipulation and accounting fraud scheme over the course of decades”.
Sebi to submit report on Adani to Supreme Court-appointed panel
29, Mar, 23India Business News: The Securities and Exchange Board of India (SEBI) will submit its findings on the Adani Group to a court-appointed committee, as directed by the Supre
Congress wonders if SEBI request for extension in Adani case an attempt to bury the ‘scam’
29, Apr, 23SEBI has moved the Supreme Court seeking a six-month extension to complete its probe into the allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures.