Parliament: The opposition is likely to take part in the discussion of the President’s address

After causing two days of disruption in the House with their demands for an investigation into claims of stock manipulation and accounting fraud against the Adani Group, opposition parties were anticipated to participate in the discussion of the President’s speech in Parliament on Monday.

Before a demonstration at 10 am in front of the Gandhi statue, Congress leader Jairam Ramesh announced that they had called a meeting of opposition parties for Monday morning.

Most parties support resuming the discussion, but they are still divided over the joint parliamentary committee investigation. They were anticipated to confront the government regarding the Adani Group’s exposure to the State Bank of India and the Life Insurance Corporation of India, whose listed companies have seen their share prices plummet.

The demand for the parliamentary penalty is one that Congress and some of its allies are adamant about. Parties supporting a Supreme Court-monitored investigation included Trinamool Congress (TMC) and the Aam Aadmi Party.

TMC lawmaker Derek O’Brien stated in a tweet that the debate on the Motion of Thanks to the President’s address would start in both Houses on Monday at 2 pm unless the Union government disrupts Parliament.

On January 24, US-based short seller Hindenburg Research accused the Adani Group of using “a vast labyrinth of offshore shell entities” to engage in “brazen stock manipulation” and “accounting fraud.”

The group has denied every accusation. The report was referred to as an “attack on India and its independent institutions” in that statement. On Saturday, Nirmala Sitharaman, India’s finance minister, claimed that the controversy had not damaged India’s reputation.