SEBI Dismisses Umarawati Devi PACL RTI Appeal

SEBI's Appellate Authority dismissed an investor's RTI appeal seeking PACL Ltd. land allotment documents.
The authority upheld SEBI's response that requested land allotment records are not in its possession.
The appellant was directed to the Justice RM Lodha Committee for PACL refund and property disposal matters.
The order cited a 2013 CIC precedent stating CPIO cannot invent information not in possession.