On SEBI Request For Extension In Hindenburg Probe, Supreme Court Decision On Monday

New Delhi: 

The Supreme Court today said it would decide on Monday on markets regulator SEBI’s request for six months extension to complete its probe in the Hindenburg case, and indicated that it may agree to a three-month extension.

Hearing arguments, Chief Justice of India DY Chandrachud reprimanded petitioners for alleging failure on the part of SEBI (Securities and Exchange Board of India) in completing its investigation.

“It’s unfair for you to say that when the court-appointed committee report is yet to be opened. You have to be careful in making such statements as it would affect the stability of the market,” the Chief Justice told the petitioner.