New Delhi. A hearing was held in the Supreme Court today regarding the Adani-Hindenburg case. The court pointed out the lack of transparency in the matter. It is said that a committee will be constituted to bring out the hidden discrepancies in the matter, in which the court will also decide which people to be included. On the other hand, the names of the people joining the committee on behalf of SEBI have also been handed over to the CJI. SEBI said that we want the anomalies present in the case to come to the surface, but at the same time it should be kept in mind that this episode should not have any negative impact on the market. If this happens, then investors may have to face losses on the economic front. The Solicitor General, appearing for SEBI, said that we want a judge to be included in the committee so that there is a sense of fairness and transparency in the matter.
What happened during the hearing?
Explain that during the hearing, advocate ML Sharma said that his job is to send delivery shares and spread confusion through the media. On this, Justice Narasimha said that short slayer happens only through the media. This is usually done for people who use the market to make a profit. At the same time, senior advocate Prashant Bhushan said on this whole episode that these are people making profit by influencing the market. Bhushan said that we are demanding a CBI inquiry into the matter. Bhushan said that more than 75% of the shares of Adani companies are held by the promoters themselves or people associated with them. The CJI said that you give your suggestions.
What did Prashant Bhushan say?
Prashant Bhushan further said that the allegations against the Adani undertaking should be investigated. After all, why more than 75 percent shares are with them only. Its investigation is mandatory. Along with this, the manner in which various types of allegations have been made with reference to the sources of income, should also be investigated, so that the truth of the matter can be revealed. Apart from this, the money received through shell companies should also be investigated. However, now after the order of the Supreme Court to set up a committee to investigate the matter, what decision is taken. Everyone’s eyes will be fixed on this. Till then, keep reading to be aware of all the big news of the country and the world. anytv.com