Adani-Hindenburg case: There is no reason to discredit Sebi, says SC
The Supreme Court on Friday reserved its order in the Adani-Hindenburg case and indicated it might pass some more directions to the Securities and Exchange Board of India (Sebi).
Sebi told the court it would not seek an extension to complete its investigation of the matter.
“We are not seeking any extension. There are 24 cases. Of the 24, investigation in 22 is over. For the remaining two, we need information from foreign regulators, etc,” Solicitor General Tushar Mehta, appearing for Sebi and the Centre, told the court.
