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The Indian Supreme Court has agreed to hear on Friday a plea seeking a court-monitored probe into the Hindenburg Research report on the Adani group of companies.
Advocate Vishal Tiwari, who has filed the petition, mentioned the matter for urgent listing before a bench headed by Chief Justice DY Chandrachud on Thursday, reports The Indian Express.
Tiwari told the bench, also comprising justices PS Narasimha and JB Pardiwala, that a separate plea filed on the issue is scheduled to be listed for hearing on February 10.
“A similar petition is coming up tomorrow [Friday],” he said, adding, “This pertains to the Hindenburg Research report which has tarnished the image of the country and caused loss.”
He urged the bench that his plea be also heard on Friday along with the separate plea.
“All right. Tag it,” the CJI said.
In his public interest litigation (PIL), Tiwari has also sought directions to set up a special committee to oversee the sanction policy for loans of over Rs 500 crore given to big corporates.
This comes a week after advocate ML Sharma had moved a PIL in the apex court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the “artificial crashing” of the Adani Group’s stock value in the market.
