SC may grant 3-months extension to Sebi in Adani vs Hindenburg probe

The Supreme Court, which heard a few cases on Friday, indicated that it may grant three more months to Sebi for concluding its probe into the allegations of stock price manipulation by the Adani group and lapses in regulatory disclosure, and listed a batch of PILs and plea by the market regulator on May 15.

Some of the other cases heard by the apex court are:

-A day after the apex court held it has legislative and executive powers over all but three services, the Delhi government moved the apex court on Friday alleging the Centre was not implementing the decision to transfer its services secretary, a potential flashpoint in the running feud between the two.

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