Description
RTI appeal regarding non-response from Justice S.P. Talukdar One-Man Committee on query about JAIG Polymers Ltd deposit certificate submission and refund processes.
Summary
This is an RTI appeal (No. 6596 of 2025) filed by Soumitra Basak before SEBI’s Appellate Authority against the CPIO’s response dated October 03, 2025. The appellant had sought information regarding whether the Justice S.P. Talukdar One-Man Committee received his email dated August 25, 2025 concerning JAIG Polymers Ltd deposit certificates, reasons for non-response, existence of guidelines mandating responses to citizen queries, and procedures if no response was provided. The appeal addresses timing of CPIO’s response and substantive queries about committee communication protocols.
Key Points
- RTI application filed on September 02, 2025 (received by SEBI on September 05, 2025)
- CPIO responded on October 03, 2025; response uploaded to RTI portal same day
- Appeal filed on October 14, 2025 (received by Appellate Authority on October 20, 2025)
- Appellant requested personal hearing if necessary
- Appellate Authority declined personal hearing citing self-explanatory nature of queries and lack of complexity
- Appellant contested one-day delay in CPIO response (claimed reply dispatched October 06, 2025)
- Authority rejected delay contention noting response uploaded October 03, 2025 and intervening weekends/holidays
- Queries related to Justice S.P. Talukdar One-Man Committee’s receipt and response to email about JAIG Polymers Ltd refund processes
Regulatory Changes
No regulatory changes introduced. This document pertains to RTI appeal procedures and reaffirms existing principles that First Appellate Authority has discretion in granting personal hearings based on complexity of issues, citing Central Information Commission precedents.
Compliance Requirements
No new compliance requirements. The order reviews RTI Act procedural compliance:
- CPIOs must respond within prescribed timelines under RTI Act
- Response uploading on RTI portal on due date satisfies timeliness requirements
- Postal delays cannot be attributed to respondent authorities
- First Appellate Authority may exercise discretion on personal hearings considering complexity and statutory timelines
Important Dates
- September 02, 2025: RTI application filed by appellant
- September 05, 2025: Application received by SEBI
- August 25, 2025: Appellant’s email to Justice S.P. Talukdar Committee (subject of inquiry)
- October 03, 2025: CPIO response issued and uploaded to RTI portal
- October 14, 2025: Appeal filed by appellant
- October 20, 2025: Appeal received by Appellate Authority
Impact Assessment
This is an individual RTI appeal case with minimal market impact. The matter concerns procedural aspects of information disclosure regarding the Justice S.P. Talukdar One-Man Committee’s handling of queries related to JAIG Polymers Ltd chit fund refunds. The order establishes procedural precedent for RTI appeals at SEBI regarding personal hearing discretion but does not affect trading operations, market structure, or investor rights beyond transparency in administrative processes. Impact limited to specific case and investor grievance redressal protocols for chit fund matters.
Impact Justification
Individual RTI appeal case regarding procedural queries on chit fund refund committee; limited market-wide impact; primarily administrative matter concerning investor communication protocols