VISHAL TIWARI vs UNION OF INDIA

The Supreme Court addressed multiple writ petitions concerning allegations against the Adani Group, including violations of Rule 19A of the Securities Contracts (Regulation) Rules and the need for an investigation into short selling practices. The Court emphasized the necessity of reviewing regulatory mechanisms in the financial sector to protect investors and suggested the formation of an expert committee to strengthen these frameworks. The Court held that SEBI is adequately empowered to enforce regulations for investor protection and emphasized the importance of mandatory disclosures and market integrity.