SC orders SEBI to grant RIL access to documents | Pro IQRA News

Pro IQRA News Updates.

Reliance Industries had approached the Supreme Court to grant Sebi permission to access certain documents, which it said would exempt it and its promoters from prosecution by the regulator. The case is related to the acquisition of RIL shares in 1994-2000.

RIL believes these documents will disprove allegations of wrongdoing in the acquisition of shares. Also, these documents will be of great importance to the criminal case filed by Sebi. And it will also acquit him and his 108 promoters in the case.