The Supreme Court on Thursday (March 2) ordered the setting up of a panel headed by ex-apex court judge A M Sapre to probe the recent share crash after the Adani-Hindenburg report came out.
The top court directed the Centre, financial statutory bodies, SEBI chairperson to cooperate with the high-level committee. The probe panel has been asked to submit its report within two months.
Former judges OP Bhat, JP Devdatt are also part of six-member probe committee. Other members are Nandan Nilekani, K V Kamath and Somesekharan Sundaresan.
Also read: Adani row: SC says no to Centre’s ‘expert names in sealed cover’ plan
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The SC has also asked stock market regulator SEBI to submit its report in a sealed cover within two months.
