SC forms a five-member expert committee to look into the Hindenburg report on Adani Group

SC forms a five-member expert committee to look into the Hindenburg report on Adani Group

Daily Current Affairs / SC forms a five-member expert committee to look into the Hindenburg report on Adani Group

Change Language English Hindi

Category : National Published on: March 04 2023

Share on facebook

The Supreme Court has ordered forming a Five member expert panel headed by retired SC judge Justice AM Sapre.
Other members of the committee are OP Bhatt, KV Kamath, Nandan Nilekani, JP Devadhar & Somasekhar Sundaresan.
The Apex court has also asked the market regulator SEBI to support the committee with its findings. The SC order details the probe details for SEBI.
The regulator has been asked to submit its findings in two months to the SC-appointed expert panel.
Significantly, after several allegations were made against the Adani group by 'Hindenburg Research', the prices of the group's shares have declined significantly. In his report, Hindenburg accused the Adani group of market manipulation and account fraud.

Recent Post's

India halts auction of Lord Buddha’s sacred Piprahwa Relics in Hong Kong, sends legal notice to Sotheby’s.
Read More....
UNSC raises concern over Pakistan's missile tests and LeT links in Pahalgam attack.
Read More....
Russia declares May 8–10 ceasefire for WWII Victory Day; Ukraine rejects it as political stunt.
Read More....
C-DOT and CSIR-NPL sign MoU to boost joint research in classical and quantum communication.
Read More....
Cabinet approves revised SHAKTI policy to grant coal linkages to thermal power plants.
Read More....
INS Kiltan joins IMDEX Asia 2025 in Singapore to strengthen India–Singapore maritime ties.
Read More....
Cabinet approves National Scheme for ITI upgradation and five National Skilling Centres.
Read More....
Indian forces conduct 24 precision strikes on Pakistan-based terror infrastructure.
Read More....
Rohit Sharma announces retirement from Test cricket, continues with ODIs.
Read More....
Moody’s lowers India’s 2025 GDP growth forecast to 6.3% citing global headwinds.
Read More....