India

Gautam Adani Declares Victory: ‘Truth has Won…Satyamev Jayate’ Post Supreme Court Decision in Hindenburg Case

In a recent development in the Adani-Hindenburg case, the Supreme Court has extended the deadline for SEBI to investigate the remaining two cases by three months. Additionally, the court has declined to transfer the investigation from SEBI to the Special Investigation Team (SIT).

Supporters of the Adani Group interpret the Supreme Court’s decision as a victory, emphasizing the court’s trust in SEBI’s investigative process. Adani Group Chairman Gautam Adani expressed satisfaction with the court’s decision, stating, “The decision of the Supreme Court shows that truth has prevailed. Satyamev Jayate.”

Also read: Father kills daughter and her lover as she steps out to meet him at 4am in UP’s Budaun

He also expressed gratitude to those who supported the group and affirmed their commitment to India’s development. The Supreme Court bench, comprising Chief Justice DY Chandrachud, Justice JB Pardiwala, and Justice Manoj Mishra, delivered the verdict, asserting the limited power of the court to interfere in SEBI’s regulatory framework.

The court directed SEBI to conclude the investigation in the remaining two cases within the stipulated three months, considering the assurance given by the Solicitor General.

Bharat Express English

Recent Posts

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

10 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

10 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

11 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

11 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

11 hours ago

Centuries-Old Bonds Strengthen As India-Thailand Deepen Partnership: PM Modi

PM Modi and Thai PM Paetongtarn Shinawatra elevate India-Thailand ties to a strategic partnership in…

11 hours ago