The Supreme Court docket will pronounce its verdict on Wednesday on a batch of petitions on the Adani-Hindenburg row over allegations of inventory value manipulation by the Indian company big.
A bench headed by Chief Justice D.Y. Chandrachud had on November 24 reserved its verdict on the pleas.
The highest court docket, whereas reserving the decision, had stated it has no motive to “discredit” SEBI, the inventory market regulator, which probed the allegations towards the Adani group. The court docket stated there was no materials earlier than it to doubt what the market regulator had achieved.
The bench had stated it doesn’t need to deal with what was set out within the Hindenburg report as a “true state of affairs”.
