Adani-Hindenburg row: Contempt plea in Supreme Court over Sebi probe delay
The Securities and Exchange Board of India (Sebi) faces a contempt plea in the Supreme Court for failing to complete its investigation into the Adani-Hindenburg matter within the court-mandated time-frame.
“Despite a deadline given to Sebi, it has failed to comply with the direction of this court and has not submitted the final conclusion/report as per the directions of the court. By the order of May 17, 2023, the court directed Sebi to submit its report by August 14, 2023,” stated the application filed by advocate Vishal Tiwari, who is also the petitioner.
