SEBI Dismisses Saurabhi Rele's Delayed RTI Appeal

SEBI's Appellate Authority dismissed an RTI appeal by Saurabhi Rele as it was filed after the statutory 30-day deadline.
The appeal sought clarifications on SEBI's 2012 circular concerning mutual fund direct plan classifications and investor consent.
The authority concurred with the CPIO that the queries sought opinions, not 'information' as defined under the RTI Act.
The order cited a precedent from the Central Information Commission stating CPIOs are not required to create or interpret information.