Authority: Appellate Authority under the RTI Act, Securities and Exchange Board of India (Ruchi Chojer)
Order Date: September 22, 2026
Case Overview
The appellant, Amit Gangrade, filed an appeal (No. 7064 of 2026) against the Central Public Information Officer (CPIO) of SEBI, Mumbai. This followed an RTI application dated July 29, 2026, in which the appellant sought the status of a representation he had made on March 29, 2026, concerning Recovery Certificate No. 8971 of 2025. The CPIO's response, dated August 24, 2026, provided a financial update but did not directly address the status of the representation. The appellant filed his appeal on August 27, 2026 (Reg. No. SEBIH/A/E/26/00329), arguing that the information provided was incomplete, misleading, or false. The Appellate Authority found that the CPIO's response failed to adequately address the specific query regarding the status of the representation, warranting reconsideration.
Final Outcome
The Appellate Authority disposed of the appeal by remitting the matter back to the respondent (CPIO, SEBI) for de novo (fresh) consideration. The CPIO was directed to send an appropriate response to the appellant in accordance with the RTI Act within 15 working days from the date of receiving this order. The financial detail provided in the original response—that a sum of ₹15,000 (due to an NEFT failure) had been excluded from the recovery amount, revising the total from ₹37,99,151.95 to ₹37,84,151.95—was noted but was deemed insufficient to answer the appellant's query.
Topics: RTI Appeal, SEBI Compliance, Recovery Proceeding