Authority: Appellate Authority under the RTI Act, Securities and Exchange Board of India

Order Date: July 21, 2026

Case Overview

The appeal was filed by Mukul Kumar Goel against the response provided by the CPIO, SEBI, Mumbai to an RTI application dated June 19, 2026 (Appeal No. 6948 of 2026). The appellant had sought information relating to refunds in the PACL matter. The respondent (CPIO, SEBI) had responded on June 23, 2026, informing that all communication regarding refund status is handled by the Justice (Retd.) R.M Lodha Committee and advised the appellant to approach that committee. The respondent also noted that details of PACL Matters including Public Notices, Press Releases, Status Reports and FAQs are available on SEBI's website. The appellant filed an appeal on June 26, 2026 (Registration No. SEBIH/A/E/26/00234) expressing dissatisfaction with this response.

Final Outcome

The Appellate Authority, Ruchi Chojer, found that SEBI's response was unclear about whether the requested information was actually available with SEBI. The authority remitted the application back to the respondent (CPIO, SEBI) for de novo (fresh) consideration and directed them to send an appropriate response to the appellant in terms of the RTI Act within 15 working days from the date of receipt of the order. The appeal was disposed of accordingly.

Topics: RTI Appeal, PACL Refunds, SEBI Compliance