Center is drafting response to SC concerns over collapse of tick strain, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman signaled on 11 February 2023 that the government was preparing to respond to the Supreme Court's concerns about the collapse of Adani Group shares. he is already involved in the matter.

Chief Justice of India (CJI) His bench of three judges headed by D.Y. Chandrachud on Friday expressed concern over the need to protect Indian investors from sudden market volatility, saying the stock market is limited not only to "high quality investors" but also to "a broad middle class".

"How can we prevent what happened in the future from happening again?" CJI pointed out on Friday. At its next hearing on February 13, the Supreme Court asked the market regulator, the Securities and Exchange Board of India (SEBI), for notice of the stock market regulatory framework. A professional who acts to be the "wise leader" of an issue. Responding to a question about the court's view after meeting the Reserve Bank of India's board of directors in the capital, Sitharaman said: court. "