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

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."
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