The Supreme Court of India.
| Photo Credit: SUSHIL KUMAR VERMA
The Supreme Court on February 24 rejected a plea to restrict the media from reporting on the Adani-Hindenburg issue.
The Chief Justice of India D.Y. Chandrachud said there is no question of gagging the media till the court pronounces the order.
A plea was filed by advocate M.L. Sharma, who sought a gag on the media reporting.
The CJI said “no injunctions will be passed against the media”, adding that “we will be passing our orders and will do what we have to do.”
The Supreme Court has earlier said it will constitute an expert committee to review India’s regulatory mechanisms taking into consideration the financial fallout from the Adani-Hindenburg row.
A scathing report from U.S. short-seller Hindenburg Research detailed how the Gujarat-based conglomerate undertook stock manipulation and accounting frauds — charges that the Adani Group has denied vociferously. The allegations translated into volatile trading in the market.
Last week, the apex court refused to accept in a sealed cover the names proposed by the Centre for inclusion in the said panel of experts.
