Adani-Hindenburg case: SC grants Sebi time till August 14 to submit report
The Supreme Court (SC) on Wednesday granted the Securities and Exchange Board of India (Sebi) time till August 14 to submit its report on the Adani-Hindenburg case. Chief Justice of India (CJI) D Y Chandrachud said that the expert committee has submitted a report bearing in mind the timeline of two months as fixed in the earlier order of the court.
While granting the extension, he said that the proceedings shall be listed after the summer recess. According to a tweet by Bar & Bench, he said that the bench could have extended the deadline to September 30 but “on August 14 tell us which stage you are in…give us an updated report on the status of the investigation”.
