New Delhi: The Supreme Court refused to entertain a Public Interest Litigation (PIL) seeking a probe into allegations against Vedanta Group firms by a US-based short-seller.
“Why are companies outside India so concerned about how we conduct our affairs?” the bench of Justice P S Narasimha and Justice A S Chandurkar asked while dismissing the PIL filed by a lawyer called Shakti Bhatia through senior advocate Gopal Sankaranarayanan. ADVERTISEMENT
The Court said that the PIL will be considered as ‘withdrawn’ after Sankaranarayanan said he will be withdrawing the petition.
“Why are these companies outside India so concerned about how we conduct our affairs and under what law?” the bench asked after Solicitor General (SG) Tushar Mehta, appearing for the Centre, Securities and Exchange Board