Adani-Hindenburg report case reached Supreme Court, CJI bench will hear today

A petition has been filed in the Supreme Court on the Adani Group Hindenburg Report. Which a three-member bench headed by the CJI will hear on Friday, February 10.

Feb 10, 2023 - 10:42
Adani-Hindenburg report case reached Supreme Court, CJI bench will hear today

Since the release of Hindenburg Research's report on Adani Group, where Adani's shares are continuously fluctuating, on the other hand, during the discussion in the budget session of the Parliament, many opposition parties including Congress have surrounded the BJP's Modi government. The Hindenburg report levelled serious allegations against the Adani Group, including fraudulent transactions and manipulation of share prices. A petition has been filed in the Supreme Court on Friday regarding the investigation of the Hindenburg Research Report. The petition demanded that the Hindenburg report should be investigated under the supervision of a retired Supreme Court judge. Along with this, it was said in the petition that the court should direct the central government to constitute a committee for this. The Supreme Court has agreed to hear this petition. And will hear this petition on Friday, February 10. and may issue certain directions.

On Thursday, petitioner Vishal Tiwari sought an urgent listing of the matter before a bench headed by CJI DY Chandrachud. Justices PS Narasimha and J B Pardiwala are also included in this bench.

Advocate Vishal Tiwari, who filed the petition, told a bench headed by Chief Justice DY Chandrachud on Thursday that a separate petition filed on the issue is to be listed for hearing on February 10. He urged the bench to hear his plea on Friday along with a separate petition. He said that this petition is related to the Hindenburg Research Report. Which has tarnished and damaged the image of the country.

On the demand of petitioner Vishal Tiwari, CJI DY Chandrachud said that it is okay… tag it. In the PIL, Vishal Tiwari has demanded that instructions be given to set up a special committee to approve loans above Rs 500 crore given to big corporates.

Advocate ML Sharma had filed a PIL in the Supreme Court, seeking prosecution of short seller Nathan Anderson of US-broad firm Hindenburg Research and his associates in Indo-US.

In the Adani case, continuous uproar continues in both Houses of Parliament. Congress has demanded a JPC from the government in this matter. Although the government has clearly denied the JPC.

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