NEW DELHI: A plea has been filed in the Supreme Court, seeking directions to the Centre and the Securities and Exchange Board of India (SEBI) to submit a detailed report into the stock market crash on the day of election results on June 4, when investors lost billions of rupees.
The plea, filed by advocate Vishal Tiwari, also sought direction to the government and the SEBI to submit a status report on the orders given on January 3 for considering the suggestion of the expert committee, headed by Justice A M Sapre, made in its report on the PIL in Adani-Hindenburg matter.
The top court had said the Centre and the SEBI should constructively consider the suggestions of the expert committee and take any further action necessary to strengthen the regulatory framework, protect investors and ensure the orderly functioning of the securities market.
