sc order | SC gives SEBI time till August 14 to complete probe against Adani Group

File Photo Delhi: The Supreme Court on Wednesday gave the Securities and Exchange Board of India (Sebi) time till August 14 to complete its probe into allegations of manipulation of share prices by a group led by Gautam Adani. A bench headed by Chief Justice of India DY Chandrachud ordered Sebi to file an updated status report on its probe into allegations of rigging share prices by the Gautam Adani-led group. Justice PS Narasimha and Justice Pardiwala are also in this bench of the Supreme Court. The bench ordered that the Justice AM Sapre committee report in the Adani matter be shared with all the parties so that they can assist the court in the matter. This report is to be submitted to the court. The Supreme Court, on March 2, ordered the formation of a six-member committee to probe allegations of rigging in share prices by the Gautam Adani-led group. Read this also The allegations against the business group were made by American short-seller company Hindenburg in its report. The Supreme Court will hear the Adani Hindenburg dispute case on July 11. (agency)