Petition filed for intervention in Adani-Hindenburg case
This petition has been filed in the Supreme Court by Advocate Vishal Tiwari. The case is already pending in the Supreme Court in the Adani-Hindenburg case. Filing an intervention petition in this case, Advocate Tiwari has said that in view of the huge decline in the market after the election results, SEBI and the Central Government should be asked to submit a detailed report in this matter as to why such a decline was recorded in the stock market. Earlier in the Adani-Hindenburg case, in January this year, the Supreme Court had directed the Central Government and SEBI to consider the recommendations made by the expert committee to protect the interests of Indian investors.
What is in the petition?
In the current petition, Vishal Tiwari has said that it is not clear whether the Supreme Court's order has been followed in this case or not. Also, it is not clear whether the records have been presented in the court or not. Indian investors and people have the right to know whether the fall in the stock market is due to any irregularities, because after the release of the Hindenburg report, a huge fall was recorded in the market.
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