India
Gautam Adani: Adani Row: Supreme Court to hear plea seeking probe into Hindenburg Research report on Adani firms | India News
[ad_1]
NEW DELHI: The Supreme Court agreed to hear on Friday the plea seeking court-monitored probe into Hindenburg Research report on Adani firms.
Advocate Vishal Tiwari, who has filed the petition, mentioned the matter for urgent listing before a bench headed by Chief Justice DY Chandrachud on Thursday. He told the bench that a separate plea filed on the issue is scheduled to be listed for hearing on February 10. Tiwari urged the bench that his plea be also heard on Friday along with the separate plea, which the CJI agreed.
“A similar petition is coming up tomorrow,” he said, adding, “This pertains to the Hindenburg Research report which has tarnished the image of the country and caused loss.”
Hindenburg Research released a report last month making allegations about stock manipulation and accounting fraud against Adani group firms. In response, Adani Group said Hindenburg’s report was not an attack on any specific company but a ‘calculated attack’ on India and its growth story.
Stocks of the Adani Group, led by industrialist Gautam Adani, have taken a beating on the bourses after the Hindenburg report against the business conglomerate.
Advocate Vishal Tiwari, who has filed the petition, mentioned the matter for urgent listing before a bench headed by Chief Justice DY Chandrachud on Thursday. He told the bench that a separate plea filed on the issue is scheduled to be listed for hearing on February 10. Tiwari urged the bench that his plea be also heard on Friday along with the separate plea, which the CJI agreed.
“A similar petition is coming up tomorrow,” he said, adding, “This pertains to the Hindenburg Research report which has tarnished the image of the country and caused loss.”
Hindenburg Research released a report last month making allegations about stock manipulation and accounting fraud against Adani group firms. In response, Adani Group said Hindenburg’s report was not an attack on any specific company but a ‘calculated attack’ on India and its growth story.
Stocks of the Adani Group, led by industrialist Gautam Adani, have taken a beating on the bourses after the Hindenburg report against the business conglomerate.
#Gautam #Adani #Adani #Row #Supreme #Court #hear #plea #seeking #probe #Hindenburg #Research #report #Adani #firms #India #News
