Adani-Hindenburg Issue : PIL In Supreme Court Seeks To Declare 'Short Selling' As Offence Of Fraud, Probe Against Nathan Anderson

In the wake of the Adani group shares taking a beating in the stock market following the publication of a report by US-based short-selling firm Hindenburg Research, a PIL has been filed in the Supreme Court.The petition filed by serial litigant Advocate ML Sharma seeks to declare 'short-selling' as the offence of fraud. He seeks investigation against Nathan Anderson, the founder of...