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It was actually Supreme Court that directed SEBI to probe Adani issue. [1] While Adani's son’s father in law is still on SEBI committee for corporate governanc
by throwaway384629 4y ago
It was actually Supreme Court that directed SEBI to probe Adani issue. [1]
While Adani's son’s father in law is still on SEBI committee for corporate governance & insider trading!
Cyril Shroff, who runs a corporate law firm Cyril Amarchand Mangaldas, is the father-in-law of Gautam Adani's son Karan. Apart from offering legal advise to the Adani Group, Cyril Shroff also a member of the Indian stock market's regulator's (SEBI) committee, which looks at offences such as insider trading. [2]
And SEBI will probe Adani for any conflicts of interest? I guess irony died.
[1] https://www.business-standard.com/article/companies/supreme-court-asks-sebi-to-check-on-adani-s-related-party-transactions-123030200500_1.html https://www.business-standard.com/article/companies/supreme-...
[2] https://www.freepressjournal.in/business/adanis-relative-on-sebi-committee-raises-concerns-about-conflict-of-interest https://www.freepressjournal.in/business/adanis-relative-on-...