The Appellate Authority under the Right to Information Act, 2005 adjudicated Appeal No. 6790 of 2026 filed by Rohit Aggarwal against the CPIO, SEBI, Mumbai. The appellant had sought information relating to a SCORES complaint against Invesco Mutual Fund concerning non-reprocessing of brokerage under ARN 5812 (a deceased distributor’s trail commission matter). The appeal was filed on the ground that the respondent provided incomplete, misleading, or false information. The Appellate Authority found no deficiency in the CPIO’s response and dismissed the appeal.

Key Points

• Appellant filed an RTI application dated February 14, 2026 seeking seven categories of information related to a SCORES complaint against Invesco Mutual Fund (ARN 5812)
• CPIO responded on March 09, 2026; appellant filed appeal (Reg. No. SEBIH/A/E/26/00097) the same day
• For query nos. 1, 2, 3, and 6 (complaint file, action taken reports, internal notings, and final disposal note): CPIO directed appellant to access information via SCORES portal login
• For query nos. 4, 5, and 7 (SEBI’s independent legal examination, advisory guidance, and internal legal opinions): CPIO held these sought clarifications/opinions, not ‘information’ under Section 2(f) of the RTI Act
• Appellate Authority upheld CPIO’s response on all counts

Regulatory Changes

No regulatory changes. This is a case-specific appellate order with no amendments to existing rules or frameworks.

Compliance Requirements

No new compliance requirements for market participants. The order reaffirms existing positions:

• Information accessible via the SCORES portal satisfies an RTI response for complaint-related records
• Requests for clarification, opinion, or confirmation from SEBI do not constitute a request for ‘information’ under Section 2(f) of the RTI Act and need not be answered

Important Dates

• February 14, 2026: Original RTI application filed by Rohit Aggarwal
• March 09, 2026: CPIO response issued; appellant filed appeal on the same date
• April 1, 2026: Appellate Authority order date (inferred from filing context)

Impact Assessment

Minimal market or operational impact. The order is confined to a single individual’s RTI dispute and does not alter SEBI’s SCORES processes, RTI response obligations, or mutual fund distributor commission policies. It reinforces the established legal position that opinion/clarification-seeking queries fall outside the scope of the RTI Act.