SEBI's Appellate Authority dismissed an appeal against CPIO's response to an RTI application seeking extensive NRI-related information.
The authority upheld that information on NRI officers, offices, and definitions is not maintained by SEBI and thus not disclosable under RTI.
For queries on NRI regulations, the authority affirmed that information is publicly available on SEBI's website and need not be provided.
The appeal was dismissed on grounds that SEBI can only provide information existing in its records, citing precedents from CIC and Delhi High Court.