The Supreme Court on Wednesday said that it could not examine the correctness, suitability, or appropriateness of a policy, especially when framed by a specialised regulatory agency in collaboration with experts.
A Bench headed by Chief Justice of India D.Y. Chandrachud said that the top court could not interfere merely because it thinks a better alternative is available.
These observations came in a judgment in the case on Hindenburg Research’s allegations against the Adani group, and were a result of the Bench’s examination of the scope of judicial review over SEBI’s regulatory domain.
