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SEBI Faces Challenges with ₹76,000 Crore in Difficult-to-Recover Dues for FY24

The Securities and Exchange Board of India (SEBI) has reported ₹76,293 crore in dues classified as difficult to recover (DTR) for the fiscal year 2023-24, marking a 4.1% increase from the previous year’s ₹73,287 crore. DTR dues are amounts that have remained unrecovered despite exhaustive efforts. Under Section 28A of the SEBI Act, 1992, along with provisions from the Securities Contracts…
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BusinessNews

New Supreme Court Petition Demands Closure of SEBI Adani Probe Amid Hindenburg Allegations

An application has been filed in the Supreme Court urging the completion of the Securities and Exchange Board of India’s (SEBI) investigation into the Adani Group. This comes as SEBI approaches the end of its 24th and final case concerning the Adani-Hindenburg saga. The petition, submitted by advocate Vishal Tiwari on August 13, 2024, highlights recent allegations by Hindenburg Research against…
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