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    Gautam Adani: Gautam Adani will get relief or trouble will increase! Uproar from Parliament to the road… now the matter reached the Supreme Court

    Shehnaz AliBy Shehnaz AliFebruary 9, 2023Updated:February 9, 2023No Comments2 Mins Read
    New Delhi: There has been an uproar on the Adani issue from Parliament to the streets. American research firm Hindenburg Research has made several serious allegations against Adani Group. Adani Group has rejected these allegations but this issue is not taking the name of calm. Opposition parties are adamant on the demand of getting the matter investigated by the Joint Committee of Parliament (JPC). Meanwhile, this matter has also reached the Supreme Court. The Supreme Court has agreed to hear a petition in this matter. In this petition, a demand has been made to investigate the allegations leveled against the group led by Gautam Adani by a retired judge of the Supreme Court. The Supreme Court will hear this on Friday.

    Advocate Vishal Tiwari had filed a petition in a bench headed by Chief Justice DY Chandrachud for urgent hearing of the matter. He told that the bench has listed it for hearing on February 10. Apart from the Chief Justice, this bench includes Justice PS Narasimha and Justice JB Padriwala. Tiwari has also filed a PIL as well. In this, a demand has been made to form a special committee to monitor the policy of giving loans of more than Rs 500 crore to big companies. Tiwari said that he has requested the bench to hear both together.
    Junior Adani took command, big decision regarding Adani Ports, will repay loan of 5000 crores

    Cleared half the market cap

    Last week, another PIL was filed in the Supreme Court. It was filed by Advocate ML Sharma. In this, a demand was made to prosecute Hindenburg Research’s Nathan Anderson and his associates in India and America. It has alleged that the US firm is harassing investors and due to this there has been a huge fall in the shares of Adani Group. After the report of Hindenburg Research, the market cap of the listed companies of Adani Group has halved.

    Source: navbharattimes.indiatimes.com

    : Language Inputs

    This post is sourced from newspapers, magazines and third-party websites. For more information please check NewsDay Express Disclaimer.

    adani group share price Adani Group Supreme Court Adani Group vs Hindenburg Research Business News Samachar gautam adani gautam adani net worth gautam adani news Gautam Adani Supreme Court Headlines Latest News news news in hindi Rahul Gandhi
    Shehnaz Ali
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    Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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