Supreme Court Says No To SIT Probe In Adani-Hindenburg Case, Backs SEBI Investigation

In a huge victory for the Adani Group, the Supreme Court on Wednesday said the report by the OCCRP - an organisation funded by billionaire George Soros, among others - can't be the basis for doubting the capital markets regulator SEBI's investigation into the Hindenburg case. Delivering the judgment, a Supreme Court bench of Chief Justice of India DY Chandrachud and justices JB Pardiwala and Manoj Misra said there were no grounds to transfer the probe to a special investigation team (SIT).

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