India's Supreme Court rejects review plea for Adani-Hindenburg case, maintains SEBI investigation.
India's Supreme Court dismissed a plea for a review of its January 3rd verdict in the Adani-Hindenburg row, refusing to transfer the investigation into alleged stock price manipulation by the Adani Group to a special investigation team or CBI. The court stated that the market regulator, SEBI, was handling a comprehensive investigation and its actions inspired confidence. The plea for review claimed new material and mistakes in the judgment, but the court found no errors.
July 15, 2024
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