Supreme Court dismisses plea against Adani-Hindenburg order

In its verdict, the Supreme Court held that there was 'no ground to transfer the investigation from SEBI to SIT'

The Supreme Court dismissed a plea seeking a review of its order declining a Special Investigation Team (SIT) into the Adani-Hindenburg issue over allegations of stock price manipulation.

A bench comprising Chief Justice D Y Chandrachud, Justices J B Pardiwala and Manoj Misra, dismissed the review plea filed by one of the petitioners in the original case, Anamika Jaiswal, and said that there is "no error apparent on the face of the record."

"The review petition is, therefoe, dismissed," the bench said in its order dated May 8, which was uploaded on Monday.

In its verdict, the Supreme Court held that there was 'no ground to transfer the investigation from SEBI to SIT', adding that the Organised Crime and Corruption Reporting Project (OCCRP)'s report can't be the basis for doubting the Sebi report.