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Newslaundry
Newslaundry
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Anand Vardhan

Adani-Hindenburg case: SC bats for institutional credibility over media, third-party claims

On November 24, hearing the petitions calling for a court-monitored CBI or SIT probe into US-based short seller Hindenburg Research’s allegations against Adani group, a three-judge Supreme Court bench led by CJI DY Chandrachud had stated that it wasn’t convinced of any grounds for doubting the ongoing SEBI probe into the issue. The three-judge bench had also made two key observations. 

First, that the Hindenburg report should not be held as “ipso facto true state of affairs”. 

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