NEW DELHI: Supreme Court Monday rejected an application filed by advocate Vishal Tiwari, challenging SC registrar's order declining to list his previous application related to Hindenburg-Adani group controversy.
SC registry had on Aug 5 refused to register his application citing absence of a "reasonable cause" for registration. In his plea, Tiwari pleaded that the registry be directed to accept his application so that it could be listed and heard before the court. At the outset of hearing, a bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to entertain the plea and threatened to impose cost on the petitioner. The bench, however, dismissed the plea without imposing cost.
The petitioner in his application contended that market regulator Sebi must complete and disclose the results of its probe into the allegations, arising out of Hindenburg's report. He said the registrar's decision to reject his application under Order XV Rule 5 of Supreme Court Rules, 2013, had effectively barred him from pursuing legal remedies.