New Delhi. The Supreme Court has given a big decision today in the Adani-Hindenburg case. In the Hindenburg case, the court has given a clean chit to the Adani Group and has also refused to conduct an SIT investigation into the case. That means only SEBI will investigate this matter. The Supreme Court has justified SEBI’s investigation. The three-judge bench described SEBI as a competent agency. The court has given 3 months time to investigate the 2 remaining cases out of 24. Meanwhile, the first reaction of industrialist Gautam Adani on receiving good news from the Supreme Court on New Year has come to light. On getting relief from the court, he has expressed happiness on social media. Adani wrote, the decision of the Honorable Supreme Court shows that: Truth has prevailed. Satyamev Jayate.
The Hon’ble Supreme Court’s judgment shows that:
Truth has prevailed.
Satyameva Jayate.I am grateful to those who stood by us.
Our humble contribution to India’s growth story will continue.
Jai Hind.
— Gautam Adani (@gautam_adani) January 3, 2024
The industrialist has expressed his gratitude to those who always stood by him. Gautam Adani also said that our humble contribution to the country’s development story will continue. Let us tell you that last year, American agency Hindenburg had released a report on Gautam Adani’s companies. After which a petition was filed demanding an investigation.
#BreakingNews SC’s decision in Adani Hindenburg case, no doubt on SEBI’s investigation, SEBI given 3 weeks time to investigate 2 cases#SEBI #SupremeCourt #GautamAdani@JournoPranay pic.twitter.com/RwlVOUU2WP
— Zee News (@ZeeNews) January 3, 2024
People’s reactions-
At the same time, people’s reactions have also come to light on social media after Adani Group got relief from the Supreme Court in the Hindenburg case.
Good Decision Supreme Court 👏 pic.twitter.com/faLwDZ3xbx
— Shivaye 🔱 (@shivaye01) January 3, 2024
Till the intention is to take the country ahead.
We stand by you
Jai Hind
— @vipin mishra 🇮🇳 (@viplnt) January 3, 2024
Truth is Powerful
Congratulations sir @gautam_adani
— Laksshya Advani (@LaksshyaAdvani) January 3, 2024
Politics was also seen in the country regarding this matter. Questions were also raised by the opposition parties on the government regarding this matter. When the matter reached the Supreme Court, the court made it clear that there is no doubt in SEBI’s investigation. SEBI has completed 22 investigations in this matter. Also, there are 2 investigations left and the Supreme Court has given 3 months time to complete them. But on 22 investigations conducted by SEBI, the court has not found any basis for doubt.