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What was the recent decision taken by the Supreme Court regarding the SEBI probe into the Adani-Hindenburg case

Understand the legal implications of the Supreme Court's rejection of the plea for reviewing its previous verdict.
1. The recent decision by the Supreme Court regarding the SEBI probe into the Adani-Hindenburg case involved rejecting a plea for reviewing its previous verdict. 2. The legal implications of this rejection include upholding the earlier ruling that SEBI has the jurisdiction to investigate the allegations made by investor Karan Agarwal against Adani Group companies. 3. This decision reinforces SEBI's authority in scrutinizing potential violations of securities laws and regulations to protect investors and maintain market integrity. 4. It also signifies the importance of judicial independence and the separation of powers between the judiciary and regulatory bodies. 5. The rejection of the plea highlights the significance of transparency and accountability in corporate governance practices.
Answered 11 months ago
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