Description
RTI appeal dismissed as requested information regarding PACL attached properties in Thoothukudi District is not available with SEBI. Appellant directed to Justice Lodha Committee for PACL matters.
Summary
The Appellate Authority dismissed Appeal No. 6672 of 2026 filed by Saravana Kumar M under the Right to Information Act, 2005. The appellant sought information about PACL attached properties in specific survey numbers in Thoothukudi District, Tamil Nadu. SEBI’s CPIO informed that the requested information is not available with SEBI. The Authority upheld the response, noting that the Justice (Retd.) R. M. Lodha Committee is responsible for disposal of PACL properties and repayment to investors.
Key Points
- RTI application filed on December 08, 2025 seeking information about PACL attached properties in Vilathikulam Taluk, Thoothukudi District
- Specific survey numbers requested: 158/1A, 158/1B, 164/1, 164/2, 164/4, 164/4A, 164/4B, 165/1, 166/1, 166/2, 166/3, 166/4, 167, 169/1, 169/4, 171/1, 171/2, 172/1, 172/3, 172/4, 172/5, 260/9, 267/5
- CPIO responded on December 26, 2025 that information is not available with SEBI
- Appeal filed on December 26, 2025 (Reg. No. SEBIH/A/E/25/00340) without specific grounds
- Appellate Authority dismissed appeal on January 19, 2026
- Authority cited CIC precedent: CPIO cannot invent information that does not exist
Regulatory Changes
No regulatory changes introduced by this order.
Compliance Requirements
No compliance requirements. This is an administrative RTI appeal decision.
Important Dates
- December 08, 2025: RTI application filed
- December 26, 2025: CPIO response provided
- December 26, 2025: Appeal filed (Reg. No. SEBIH/A/E/25/00340)
- January 19, 2026: Appeal dismissed by Appellate Authority
Impact Assessment
This order has no market or operational impact. It is an individual RTI appeal matter relating to PACL properties. The Authority confirmed that the Justice (Retd.) R. M. Lodha Committee, constituted pursuant to the Supreme Court order dated February 2, 2016, is responsible for PACL property disposal and investor repayment. Appellant was directed to relevant information available on SEBI’s website including Status Reports, FAQs, Press Releases, and Public Notices regarding PACL matters.
Impact Justification
Individual RTI appeal dismissed due to information unavailability with SEBI. No regulatory changes or market impact. Administrative matter related to PACL property information.