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The latest development in the Hindenburg saga is a petition to the Supreme Court, urging SEBI to complete its ongoing investigations into the Adani group of companies. This follows the recent report by the US-based short seller, which accused SEBI chairperson Madhabi Puri Buch of a conflict of interest.<\/p>\n
Vishal Tiwari has filed a new plea. Tiwari, the petitioner in the 2023 lawsuits that demanded an SIT or CBI inquiry into Hindenburg\u2019s January 2023 claims, is now focusing on the alleged stock market manipulation by the Adani group.<\/p>\n
The Supreme Court had earlier dismissed the request for a CBI\/SIT investigation, endorsing SEBI\u2019s inquiry instead. Despite rejecting the petitions, the court encouraged SEBI to ideally complete the investigations within three months.<\/p>\n
SEBI has concluded 22 of the 24 investigations, with inputs from external agencies pending for the remaining two. The recent application suggests setting a deadline for these investigations, considering the current circumstances.<\/p>\n
Tiwari referenced the new allegations by Hindenburg against the SEBI chief and her husband\u2019s purported involvement in the Adani group\u2019s scandal. He asserted that it is imperative for SEBI to finalize the ongoing investigations and announce their outcomes, given the report\u2019s impact in creating a climate of suspicion.<\/p>\n
The plea contends that concluding the investigations is crucial for the public interest and for investors who suffered losses following the 2023 Hindenburg report on the Adani group. It emphasizes that disclosing the results of SEBI\u2019s investigations is vital for the investors\u2019 benefit.<\/p>\n<\/div>\n
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[ad_1] The latest development in the Hindenburg saga is a petition to the Supreme Court, urging SEBI to complete its ongoing investigations into the Adani group of companies. This follows the recent report by the US-based short seller, which accused SEBI chairperson Madhabi Puri Buch of a conflict of interest. Vishal Tiwari has filed a […]<\/p>\n","protected":false},"author":1,"featured_media":40442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-40441","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/08\/hindenburg.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/40441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=40441"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/40441\/revisions"}],"predecessor-version":[{"id":40443,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/40441\/revisions\/40443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/40442"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=40441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=40441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=40441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}