Adani Row To Be Probed, Supreme Court Forms Panel, Wants Regulator Report

There will be a committee headed by retired judge Abhay Manohar Sapre that includes veteran bankers KV Kamath and OP Bhat, Infosys co-founder Nandan Nilekani, OP Bhat and retired Justice JP Devdhar.

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Today, the Supreme Court set up an expert committee to look into Hindenburg’s report on Adani.

Veteran bankers KV Kamath and OP Bhat, Infosys co-founder Nandan Nilekani, and retired Justice JP Devdhar will be on the committee headed by retired judge Abhay Manohar Sapre.

A status report should be filed by SEBI in two months, said Chief Justice DY Chandrachud.

Experts will suggest ways to strengthen frameworks, investigate Adani and suggest ways to strengthen statutory frameworks.

Investor protection petitions were heard by the Supreme Court.

A Supreme Court order also ordered SEBI to investigate whether there were any violations of rules and whether stock prices were manipulated.

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