On Thursday, a fresh Public Interest Litigation was filed in the Apex Court seeking a probe by multiple Central Govt agencies under the supervision of a panel or a former SC Judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.
A bench headed by CJI D Y Chandrachud is already seized of as many as three PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani Group's stock value, and they are listed for hearing on Friday.
On Monday, the Centre had agreed to the Supreme Court's proposal to set up a panel of experts to look into strengthening the regulatory mechanisms for the stock market following the recent Adani group shares meltdown triggered by Hindenburg Research's fraud allegations.
Source Link
Social media is young.
Social media raises questions.
Social media is not satisfied with an answer.
Social media looks at the big picture.
Social media is interested in every detail.
social media is curious.
Social media is free.
Social media is irreplaceable.
But never irrelevant.
Social media is you.
(With input from news agency language)
If you like this story, share it with a friend!
0 Comments