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SEBI - Highlights / Catch Notes

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Adani group - The Hindenburg Report - The reliance placed by the ...


Supreme Court dismisses negligence claim against SEBI based on unverified third-party report regarding Adani group investigation.

January 5, 2024

Case Laws     SEBI     SC

Adani group - The Hindenburg Report - The reliance placed by the petitioner on the OCCPR report to suggest that SEBI was lackadaisical in conducting the investigation is rejected. A report by a third-party organization without any attempt to verify the authenticity of its allegations cannot be regarded as conclusive proof. - SC

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