Hindenburg Report Alone Not Sufficient For Inquiry Against SEBI Chief, Produce Additional Materials : Lokpal To Complainants

LIVELAW NEWS NETWORK

22 Sept 2024 9:54 AM IST

  • Hindenburg Report Alone Not Sufficient For Inquiry Against SEBI Chief, Produce Additional Materials : Lokpal To Complainants

    The Lokpal asked the complainants to explain the efforts taken by them to verify the credibility of the Hindenburg report

    Refusing to accept the Hindenburg Report published on August 8 on its face value, the Lokpal has deferred action on two complaints filed against the Chairperson of the Securities and Exchange Board of India (SEBI), asking the complainants to produce additional "foundational and jurisdictional facts."The anti-corruption body headed by former Supreme Court judge Justice AM Khanwilkar said that...

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