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Why did the Supreme Court reject a plea to review its verdict on SEBI probe into the Adani-Hindenburg case

Understand the recent decision made by the Supreme Court regarding the SEBI probe.
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The Supreme Court recently rejected a plea seeking a review of its verdict regarding the SEBI probe into the Adani-Hindenburg case for the following reasons:
  • The Court determined that the original verdict did not warrant any interference or reconsideration.
  • It emphasized the importance of respecting and upholding the integrity of regulatory bodies like SEBI in conducting investigations.
  • The decision was based on the principle of non-interference in regulatory matters to ensure fair and impartial investigations.
  • The Court's ruling reaffirmed the autonomy and jurisdiction of SEBI in handling cases related to securities market violations.
These reasons demonstrate the Supreme Court's commitment to maintaining the independence and effectiveness of regulatory authorities like SEBI.
Answered 9 months ago
Rahul Preparing for Civil Services