Supreme Court revives Vedanta SEBI fraud case tied to 2014 buyback
The Supreme Court revived a SEBI fraud case against Vedanta Limited over its 2014 share buyback, ruling that release of escrow funds did not block SEBI from separately pursuing fraud allegations.
The Supreme Court on Wednesday revived a Securities and Exchange Board of India (SEBI) fraud case against Vedanta Limited over its 2014 share buyback, saying the release of escrow funds did not stop the market regulator from separately pursuing fraud allegations.