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Supreme Court issues notice to Sebi on Reliance's plea for documents

On August 5, the court directed the regulator to provide the necessary documents to Reliance

Law & Order, Court order
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BS Web Team New Delhi
The Supreme Court issued a notice to the Securities and Exchange Board of India (Sebi) on Monday, November 7 on Reliance Industries Ltd’s plea, seeking certain documents from the regulator, Livemint reported.

“We issued a notice to Sebi in the matter. We will consider it," said the apex court's bench led by Justice M.R. Shah

On August 5, the court directed the regulator to provide the necessary documents to Reliance. Following this Sebi filed a review petition in the matter on September 29.

"Sebi as a regulator has a duty to act fairly. It is not to circumvent the rule