Description
SEBI dismisses RTI appeal regarding corruption complaint procedures, ruling that query sought opinion rather than information under RTI Act.
Summary
SEBI’s Appellate Authority dismissed RTI Appeal No. 6464 of 2025 filed by Nitin Goradia. The appellant sought guidance on where to file corruption cases against SEBI, CDSL, and Bank of Maharashtra employees but was denied as the query sought opinion rather than information under the RTI Act.
Key Points
- Appellant filed RTI application on June 11, 2025 seeking guidance on corruption complaint procedures
- SEBI responded that query was seeking clarification/opinion, not information under RTI Act
- Appeal filed on June 30, 2025 claiming incomplete/misleading information was dismissed
- SEBI directed appellant to vigilance department portal for corruption complaints
- Appellant had previously filed 6 similar RTI applications, all dismissed
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Corruption complaints against SEBI employees should be lodged through vigilance department portal on SEBI website
- RTI applications must seek specific information, not opinions or clarifications
Important Dates
- June 11, 2025: Original RTI application filed
- June 30, 2025: SEBI response and appeal filed
- July 28, 2025: Appeal dismissed
Impact Assessment
No market or operational impact. This is an administrative matter clarifying RTI application procedures and corruption complaint mechanisms.
Impact Justification
Administrative RTI appeal with no market impact or regulatory changes