On Tuesday, the Congress intensified its call for a Joint Parliamentary Committee (JPC) inquiry into the ongoing controversy surrounding the Adani Group, Hindenburg Research's allegations, and the Securities and Exchange Board of India (SEBI). The party’s move comes in response to claims made by the US-based short seller Hindenburg and accusations against SEBI Chairperson Madhabi Buch.

The move comes in response to Hindenburg Research’s August 10 allegations, which claim that SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, were linked to offshore funds implicated in the Adani money siphoning scandal.

A fresh petition has been filed in the Supreme Court in response to the recent developments related to the Hindenburg report. The petitioner has raised concerns about the alleged refusal by the Supreme Court Registrar to register his application and has requested the court to intervene and direct the registry to register his miscellaneous application.

SEBI chairperson Madhabi Puri Buch has publicly acknowledged her investment in a little-known fund structure based in Bermuda/Mauritius, according to US short-seller Hindenburg Research, which has requested her to disclose all the clients her offshore Singaporean and Indian consulting firms worked with.