The Securities and Exchange Board of India differed the recommendations of Supreme Court Committee and said in an affidavit that, ‘it is not difficult to find out any indiscrepancies or to identify the beneficiaries of offshore fund in alleged Adani Case. Although SEBI maintained that it has tightened the rules concerning beneficial ownership and related companies transactions. A bench headed by Chief Justice D Y Chandrachud is scheduled to hear the ongoing Adani-Hindenburg case on Tuesday. Capital markets regulator SEBI on Monday told the Supreme Court that its 2019 rule changes do not make it tougher to identify beneficiaries of offshore funds, and action will be taken if any violation is found or established. A Supreme Court-appointed expert committee had in an interim report in May stated that it saw “no evident pattern of manipulation” in billionaire Gautam Adani’s companies and there was no regulatory failure. However, it cited several amendments the Securities and Exchange Board of India (SEBI)