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Documents citing Arun Damodar Sawant vs Securities And Exchange Board Of India ... on 26 September, 2018

Girish Mittal vs Securities And Exchange Board Of India ... on 19 June, 2024

In this regard, reliance is placed on the matter of Arun Damodar Sawant vs. SEBI (Order dated September 26, 2018) wherein, the Hon'ble CIC had accepted the submission of SEBI regarding existence of fiduciary relationship even after considering the appellant's submissions wherein he had relied upon the aforementioned judgement of Hon'ble Supreme Court in the matter of RBI vs. Jayantilal N. Mistry. Further, Page 3 of 5 FAA noted that the appellant has not established how the information involves the element of larger public interest."
Central Information Commission Cites 7 - Cited by 0 - Full Document

Manju Devi vs Securities And Exchange Board Of India ... on 29 April, 2025

"FAA noted that the respondent had clearly stated that relevant complaints of the appellant were in the nature of market intelligence. Further, FAA concurred with the respondent that SEBI receives market intelligence/complaints from various sources and these may or may not result in further action by SEBI, such as examination or investigation. Such examination or investigation may or may not establish the suspected violations or lead to enforcement actions. In FAA's opinion, maintaining confidentiality of examination/investigation was important since reports of the same may result in unwarranted speculation or concern in the market or may affect evidence collection during the examination/investigation or may result in unnecessary harm to third parties. Hence, FAA found that the requested information was exempt under Section 8(1)(h) of the RTI Act. Further, FAA noted that information regarding any regulatory action taken by SEBI/penalty imposed against entities, will be available on the website of SEBI. The rationale for neither confirming nor denying existence of any Page 3 of 5 examination/investigation was relied upon by SEBI before the Hon'ble Central Information Commission (hereinafter referred to as "CIC") in Arun Damodar Sawant vs CPIO, SEBI (order dated September 26, 2018 in Appeal No. CIC/SEBIH/A/2017/137139/BJ). The Hon'ble CIC, in the said matter, accepted the submissions and refused to intervene in the response of the CPIO.
Central Information Commission Cites 4 - Cited by 0 - Full Document
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