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New Delhi : The Supreme Court has agreed to hear on Friday another petition seeking a court-monitored probe into the Hindenburg Research report on Adani group companies, filed by advocate Vishal Tiwari. In this, a demand has been made to constitute a committee under the supervision of a retired judge of the Supreme Court. The advocate appealed for urgent listing of the case before the bench headed by Chief Justice DY Chandrachud. In the petition, the court has been demanded to include SEBI, CBI and ED and other investigative agencies in the Special Investigation Team (SIT) to conduct the investigation. So far 2 petitions have been filed regarding Hindenburg.
Mr Tiwari told the bench, also comprising Justices P S Narasimha and J B Pardiwala, that a separate plea filed on the issue is scheduled to be listed for hearing on February 10.
About Adani row
It should be mentioned here that the Adani Group equities have suffered on the stock exchanges after Hindenburg Research levelled a slew of accusations against the corporate behemoth, including illegal transactions and share-price manipulation. However, the Adani Group has denied the accusations, claiming that it abides by all legal and disclosure obligations.
Meanwhile, both Houses of the parliament have witnessed uproar over the last few days as Opposition parties have demanded sought a Joint Parliament Committee (JPC) or a Supreme Court-monitored investigation into the alleged “economic scam” allegations by a US-based short seller against the Adani Group.
