The Supreme Court has set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies. The committee will consist of six-member, headed by former apex court judge Justice AM Sapre. SC has directed SEBI to investigate whether there has been a violation of Section 19 of SEBI rules, whether there was any manipulation of stock prices. The apex court was hearing petitions pertaining to the Hindenburg report, including on the constitution of a committee relating to regulatory mechanisms to protect the investors’ interest.
