Want full transparency, no sealed names: SC on Adani row

Updated On: 18 February, 2023 10:29 AM IST | New Delhi | Agencies

Observing that it wanted “full transparency for protection of investors”, the SC also ruled out the possibility of any sitting judge overseeing the functioning of the proposed panel

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CJI D Y Chandrachud. File pic/PTI

The Supreme Court on Friday refused to accept in a sealed cover the Centre’s suggestion on a proposed panel of experts for strengthening regulatory measures for stock markets in the wake of the recent Adani Group shares crash triggered by Hindenburg Research’s fraud allegations. Observing that it wanted “full transparency for protection of investors”, the SC also ruled out the possibility of any sitting judge overseeing the functioning of the proposed panel.

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