Appeal No. 3934 of 2020 filed by Dhanraj Bagrecha

Last updated: 05 November 2020

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This appeal concerns Dhanraj Bagrecha's application under the Right to Information Act, 2005, filed with SEBI regarding non-receipt of Tata Consultancy Services (TCS) shares and dividends. Mr. Bagrecha sought the release of share certificates, payment of detained dividends with interest, compensation for opportunity loss, and reimbursement for expenses incurred due to alleged harassment by TCS management. SEBI's response indicated that most complaints against TCS were redressed, and shares would be released upon receipt of a complete indemnity. The appellant contested the date of his original application and specified further information sought, including details of share transfers and correspondence.

Court :
SEBI

Brief :
The appellant had filed an application dated July 16, 2020 (received by SEBI on July 22, 2020) under the Right to Information Act, 2005 (“RTI Act”). The respondent, by a letter dated August 14, 2020, responded to the application filed by the appellant. The appellant filed an appeal dated September 22, 2020 (received by the Office of Appellate Authority on October 02, 2020), against the said response dated August 14, 2020 (received by the respondent on September 08, 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. 3934 of 2020

Daily Limit Reached