{"id":229651,"date":"2023-03-03T19:40:10","date_gmt":"2023-03-03T14:10:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=229651"},"modified":"2023-03-03T19:40:10","modified_gmt":"2023-03-03T14:10:10","slug":"sc-decision-to-set-up-expert-committee-in-adani-matter-casts-doubt-on-sebis-investigation","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/sc-decision-to-set-up-expert-committee-in-adani-matter-casts-doubt-on-sebis-investigation\/","title":{"rendered":"SC decision to set up expert committee in Adani matter casts doubt on SEBI\u2019s investigation"},"content":{"rendered":"\n<p><strong>Source<\/strong>&#8211; The post is based on the article <strong>\u201cSC decision to set up expert committee in Adani matter casts doubt on SEBI\u2019s investigation\u201d <\/strong>published in <strong>The Indian Express <\/strong>on <strong>3rd March 2023<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong>GS3- Mobilisation of resources<\/p>\n<p><strong>Relevance:<\/strong> Money and capital markets<\/p>\n<p><strong>News- <\/strong>Recently, Hindenburg Research published a report levelling several allegations against the Adani Group.<\/p>\n<h2><strong>What is the mandate of the committee?<\/strong><\/h2>\n<ol>\n<li>To assess the factors that have led to <strong>market volatility. <\/strong><\/li>\n<li>To examine if there has been <strong>regulatory failure<\/strong> in this case<\/li>\n<li>To suggest measures to s<strong>trengthen the regulatory apparatus and ensure compliance<\/strong> with the existing framework to protect investors.<\/li>\n<\/ol>\n<p>The committee has been asked to furnish its report in sealed cover within two months.<\/p>\n<h2><strong>What are issues related to the SC decision?<\/strong><\/h2>\n<p>The formation of the committee casts aspersions on SEBI\u2019s investigation and <strong>doubts its ability.<\/strong><\/p>\n<p>The SEBI chairman has been requested by the court to ensure all information is provided to the committee.<\/p>\n<p>There is <strong>opacity<\/strong> in the manner in which the members of the panel have been selected, and the <strong>lack of transparency the process entails.<\/strong><\/p>\n<p>SEBI has stated that it will conduct a detailed examination into Adani stocks. The Court has asked SEBI to conclude its investigation into the matter within two months. It would have been more prudent to <strong>wait for its regulator\u2019s report.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source&#8211; The post is based on the article \u201cSC decision to set up expert committee in Adani matter casts doubt on SEBI\u2019s investigation\u201d published in The Indian Express on 3rd March 2023. Syllabus: GS3- Mobilisation of resources Relevance: Money and capital markets News- Recently, Hindenburg Research published a report levelling several allegations against the Adani&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/sc-decision-to-set-up-expert-committee-in-adani-matter-casts-doubt-on-sebis-investigation\/\">Continue reading <span class=\"screen-reader-text\">SC decision to set up expert committee in Adani matter casts doubt on SEBI\u2019s investigation<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10500],"class_list":["post-229651","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":{"total":2,"cached_at":"","cached_date":1704575916},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/229651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=229651"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/229651\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=229651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=229651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=229651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}