Description
RTI appeal by Ashish Gaur regarding transfer of First Appeal to NISM and disclosure of internal records related to RTI processing at SEBI.
Summary
Appeal No. 6651 of 2026 filed by Ashish Gaur under the Right to Information Act, 2005 challenging SEBI CPIO’s response to his RTI application dated November 27, 2025. The appellant sought information regarding legal provisions for transferring First Appeals to NISM, names of authorizing officials, internal records, and NISM’s status as a Public Authority. The CPIO rejected most queries citing they seek clarification/opinion rather than information, personal information exemptions under sections 8(1)(g) and 8(1)(j), and unavailability of records.
Key Points
- Original RTI application filed on November 27, 2025 (received via RTI MIS Portal)
- CPIO responded on December 04, 2025
- First Appeal (Reg. No. SEBIH/A/E/25/00322) filed on December 09, 2025
- Appellant sought legal provisions for transferring First Appeals to NISM
- Requested names and designations of officials who authorized appeal transfer
- Sought internal records, file notings, and SOPs for handling First Appeals
- Asked for clarification on NISM’s status as Public Authority and First Appellate Authority
- Dr. Ruchi Chojer, Executive Director, SEBI designated as First Appellate Authority under Section 19(1) of RTI Act
- Shri Aliasgar S Mithwani mentioned (designation incomplete in provided content)
Regulatory Changes
No regulatory changes announced. This is an administrative appellate order under the RTI Act.
Compliance Requirements
Not applicable - this is an RTI appeal matter with no compliance requirements for market participants.
Important Dates
- November 27, 2025: RTI application filed by appellant
- December 04, 2025: CPIO response issued
- December 09, 2025: First Appeal filed (Reg. No. SEBIH/A/E/25/00322)
- June 18, 2019: NISM’s 45th Board Meeting decided coverage under RTI Act
- April 05, 2021: CIC decision in Mr. Amol Dilip Athavale vs. CPIO, SEBI
- October 16, 2025: Related RTI application to NISM
- November 14, 2025: PIO, NISM reply to October 16, 2025 application
Impact Assessment
This appeal has no direct market impact. It pertains to administrative and transparency matters within SEBI’s RTI framework, specifically regarding the handling of First Appeals and the role of NISM as a Public Authority. The order addresses procedural aspects of information disclosure and clarifies that NISM was recognized as covered under the RTI Act per its Board decision in 2019. The matter is of interest only to parties involved in RTI processes with SEBI and NISM.
Impact Justification
Administrative RTI appeal with no market impact, relates to internal procedural matters regarding information disclosure