Supreme Court of India
Vishal Tiwari v. Union of India & Ors
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In view of the above statement, it appears that SEBI is seized of the investigation into the allegations made against the Adani Group companies.
Judgment, page 5
From the headnote
Securities Contracts (Regulation) Rules, 1957 – r. 19A – Loss of the investor wealth in securities market – The Hidenburg Report – Investigation – The batch of petition in the instant case are regarding the loss of investor wealth in the securities market because of the steep decline in the share of the Adani Group of Companies because of the report published by one Hidenburg Reasearch in which it was alleged that the Adani Group of Companies has manipulated its share prices and also has failed to disclose the transaction with related parties in contravention of the regulations framed by SEBI…
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