Appeal No. 3911 of 2020 filed by Ramesh Sivasamy

Last updated: 12 October 2020

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Quick Summary

This RTI appeal, filed by Ramesh Sivasamy, concerned information about the sale status, pricing, and bidding procedures for PACL properties. The Appellate Authority found that SEBI does not hold this specific information. Instead, the disposal of PACL properties and investor repayment is managed by a committee chaired by Mr. Justice R.M. Lodha. The authority noted that SEBI adequately guided the appellant to public resources containing relevant details, including the SEBI website and specific PACL auction portals, leading to the dismissal of the appeal.

Court :
SEBI

Brief :
The appellant had filed an application dated July 22, 2020 (received by the respondent on July 28, 2020), under the Right to Information Act, 2005 (“RTI Act”). The respondent, by a letter dated August 06,2020, responded to the application filed by the appellant. The appellant filed an appeal dated September 08, 2020, against the said response dated August 06, 2020. I have carefully considered the application, the response and the appeal and find that the matter can be decided based on the material available on record

Citation :
Appeal No. 3911 of 2020

Daily Limit Reached