{"id":168538,"date":"2009-01-30T00:00:00","date_gmt":"2009-01-29T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/shri-s-k-kapoor-vs-securities-and-exchange-board-of-on-30-january-2009"},"modified":"2015-06-30T01:04:50","modified_gmt":"2015-06-29T19:34:50","slug":"shri-s-k-kapoor-vs-securities-and-exchange-board-of-on-30-january-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/shri-s-k-kapoor-vs-securities-and-exchange-board-of-on-30-january-2009","title":{"rendered":"Shri S.K. Kapoor vs Securities And Exchange Board Of &#8230; on 30 January, 2009"},"content":{"rendered":"<div class=\"docsource_main\">Central Information Commission<\/div>\n<div class=\"doc_title\">Shri S.K. Kapoor vs Securities And Exchange Board Of &#8230; on 30 January, 2009<\/div>\n<pre>                CENTRAL INFORMATION COMMISSION\n                              .....\n<\/pre>\n<p>                                                   F.No.CIC\/AT\/A\/2008\/00931<br \/>\n                                                  Dated, the 30th January, 2009.\n<\/p>\n<p> Appellant      : Shri S.K. Kapoor<\/p>\n<p> Respondents : Securities and Exchange Board of India (SEBI)<\/p>\n<p>      This matter was heard on 15.01.2009 pursuant to Commission&#8217;s notices<br \/>\ndated 05.12.2008 and 11.12.2008.       Appellant was present in person.<br \/>\nRespondents were present through Ms.Vandana Mittal, AGM, Shri J.Shandilya,<br \/>\nAGM and Shri Aman Jain, AGM.\n<\/p>\n<p>2.     Appellant had filed his RTI-application dated 08.04.2008 before the<br \/>\nCPIO, SEBI for 10 main items of queries, with sub-sections in almost all the<br \/>\nqueries. The CPIO provided a point-wise reply to the appellant on 09.05.2008.<br \/>\nAggrieved by the CPIO&#8217;s reply, the appellant went in first-appeal before the<br \/>\nAppellate Authority on 18.05.2008. The Appellate Authority directed, in his<br \/>\norder dated 03.07.2008, that no further information was to be disclosed to the<br \/>\nappellant apart from what had already been disclosed to him by the CPIO.<br \/>\nAppellant thereafter came in second-appeal before the Commission against this<br \/>\norder of the Appellate Authority.\n<\/p>\n<p>3.     On perusing the documents submitted before me and on hearing<br \/>\nboth parties, the appellant&#8217;s queries, as contained in his RTI-application dated<br \/>\n08.04.2008 (copy attached to this order as Annexe), are taken up for decision as<br \/>\nbelow:-\n<\/p>\n<p>Item No.1 (a) to 1(e):\n<\/p>\n<p>        The information requested by the appellant through this query pertains to<br \/>\na third-party, viz. the National Stock Exchange (NSE) of India Limited.\n<\/p>\n<p>       NSE has filed a written-statement dated 13.01.2009 before the<br \/>\nCommission, stating that they were not in a position to comment on all aspects of<br \/>\nthe second-appeal of the appellant as they were not provided the requisite<br \/>\ndocuments by the SEBI, who had informed them about the CIC&#8217;s direction dated<br \/>\n10.11.2008 to file their written-submissions in the present second-appeal.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                        Page 1 of 7<\/span><br \/>\n        They further stated that there were third-parties other than the Stock<br \/>\nExchange in the above matter, who should be consulted before a decision is<br \/>\ntaken about disclosure of the requested information.\n<\/p>\n<p>       It is their further submission that as the Stock Exchange is not a &#8216;public<br \/>\nauthority&#8217; \u23af CIC&#8217;s decision dated 07.06.2007 declaring NSE as public<br \/>\nauthority having been stayed by the Delhi High Court \u23af they cannot be<br \/>\nobligated to respond to the queries of the appellant. However, from the<br \/>\nsubmissions received from the third-party (the NSE), it would appear that they<br \/>\nwere willing to cooperate with the ongoing RTI-proceeding and to put forward<br \/>\ntheir own case as well as the case of the third-parties regarding the<br \/>\nconfidentiality of the information for which disclosure has been requested by the<br \/>\nappellant through his RTI-application dated 08.04.2008.\n<\/p>\n<p>Decision:\n<\/p>\n<p>       Considering all aspects of the matter, it is directed that the appeal for the<br \/>\nlimited purpose of item no.1 of the RTI-query of the appellant be remitted back<br \/>\nto the Appellate Authority, SEBI with a direction to decide de-novo this item of<br \/>\nthe RTI-request of the appellant within 4 weeks of the receipt of this order after<br \/>\ngiving an opportunity to the third-parties \u23af the NSE as well as other parties,<br \/>\nwhose names can be ascertained from the NSE \u23af to put-forth their submission<br \/>\nregarding the disclosure of the requested information. Appellate Authority may<br \/>\nalso give a hearing to the appellant in this matter.\n<\/p>\n<p>Item No.2:\n<\/p>\n<p>       According to the appellant, information corresponding to this item has<br \/>\nalready been provided to him. Hence, no need for further disclosure of<br \/>\ninformation.\n<\/p>\n<p>Item No.3 (all sub-items):\n<\/p>\n<p>       Appellant has stated that he finds contradictions in the replies he has<br \/>\nreceived for several RTI-applications, from SEBI.\n<\/p>\n<p>Decision:\n<\/p>\n<p>       It is not possible to consider the alleged contradictions or otherwise in the<br \/>\nreplies furnished to him for his several RTI-applications in the course of this<br \/>\nappeal. It is, therefore, held that this matter shall not be progressed any further<br \/>\nwithin the scope of this appeal.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                         Page 2 of 7<\/span><br \/>\n Item No.4:\n<\/p>\n<p>        Respondents pointed out that they have been making the offer to the<br \/>\nappellant for inspection of the documents \/ records held by them (SEBI) during<br \/>\nthe hearings of his earlier second-appeals as well as the first-appeals. Case in<br \/>\npoint is CIC Appeal No.CIC\/AT\/A\/2006\/00575, decided on 21.02.2007, in which<br \/>\nit was clearly recorded that the respondents (SEBI) offered the present appellant<br \/>\nto inspect the files and should he wish to carry out the inspection, he should<br \/>\napproach the respondents within 1 week of the receipt of that order. Similarly, in<br \/>\nthe first appellate order dated 04.07.2008, appellant was informed that &#8220;SEBI is<br \/>\nstill willing to give an opportunity to the appellant to inspect all available files in<br \/>\nthe matter.&#8221;\n<\/p>\n<p>        It was the contention of the respondents, therefore, that their offer to the<br \/>\nappellant to inspect the files and documents was an open-ended one, which was<br \/>\nreiterated by them during the course of hearings of the appellant&#8217;s petitions.<br \/>\nRespondents also pointed out that the appellant was scheduled to inspect the files<br \/>\nand documents held by them, on 17.02.2009 in another RTI-proceeding before<br \/>\nthe SEBI.\n<\/p>\n<p>Decision:\n<\/p>\n<p>       Since the appellant is scheduled to inspect the files and the records on<br \/>\n17.02.2009, it is directed that the CPIO, SEBI shall arrange for the appellant to<br \/>\ninspect the files and documents pertaining to this item of query as well on the<br \/>\nsame day (i.e. 17.02.2009). CPIO shall send an advance communication to the<br \/>\nappellant that the files and documents relating to this item of query would also be<br \/>\nallowed to be inspected by him, along with the other requested documents in<br \/>\nanother RTI-proceeding.\n<\/p>\n<p>       Should the appellant fail to inspect the documents and files on 17.02.2009,<br \/>\nno further opportunity shall be extended to him.\n<\/p>\n<p>Item No.5 (d):\n<\/p>\n<p>       Appellant has pleaded for the disclosure of item 5(d) in his second-appeal<br \/>\nbefore the Commission.\n<\/p>\n<p>        In this regard, the respondents informed that the information in the above<br \/>\nquery did not exist and as such, no obligation could be cast on them to disclose it<br \/>\nto the appellant.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                           Page 3 of 7<\/span><br \/>\n Decision:\n<\/p>\n<p>       As this information is said to be non-existent, no obligation for its<br \/>\ndisclosure can be placed on the respondents.\n<\/p>\n<p>Item No.6(a) &amp; 6(b):\n<\/p>\n<p>       It would appear from these queries that the appellant is attempting to<br \/>\nengage the respondents as well as the third-party, the NSE in a dialogue about<br \/>\nthe range of their respective powers and the basis of imposing fines and so on.<br \/>\nHe is not entitled to receive this as information as it goes beyond the scope of<br \/>\nSection 2(f) of the RTI Act.\n<\/p>\n<p>Decision:\n<\/p>\n<p>       The reply furnished to him by the respondents that they were not obliged<br \/>\nto provide this information and, that he can access the details about the rules<br \/>\nregarding imposition of fines, etc. in the rules and bye-laws of the NSE, is<br \/>\nentirely valid.\n<\/p>\n<p>       The appellant cannot be authorized to use the respondents or the<br \/>\nthird-party, NSE, as his consultants in such matters.\n<\/p>\n<p>      There shall be no obligation to disclose the above information.\n<\/p>\n<p>Item No.6(c) &amp; 6(d):\n<\/p>\n<p>       Appellant&#8217;s case is that according to the requisition dated 09.05.2008<br \/>\nreceived from the CPIO, he deposited Rs.24\/- for the disclosure of the complete<br \/>\nreport of the investigating authority, which was never provided to him.\n<\/p>\n<p>       Respondents clarified that an amount of Rs.24\/- was demanded from the<br \/>\nappellant through CPIO&#8217;s communication dated 09.05.2008, not for transmitting<br \/>\nthe so-called investigation report, but for certain NSE Circular (12 pages). They<br \/>\nalso pointed out that they had asked him to deposit Rs.36\/- towards supply of a<br \/>\ncopy of the criminal complaint filed before the ACCMM, Delhi.\n<\/p>\n<p>      Never was SEBI committed to provide to him the Investigation Report,<br \/>\nwhich \u23af they had already intimated to him \u23af did not even exist.<br \/>\nDecision:\n<\/p>\n<p>       Commission&#8217;s decision as regards item 5(d) above will apply here. The<br \/>\nappellant&#8217;s complaint is without basis.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                        Page 4 of 7<\/span><br \/>\n Item No.7(a) to 7(d):\n<\/p>\n<p>       Appellant has stated that the replies furnished by the CPIO and the AA<br \/>\nwere misleading. He wishes to have specific replies regarding disposal of each<br \/>\nof the petitions and e-mails, details of which were enclosed to his RTI-petition<br \/>\ndated 08.04.2008.\n<\/p>\n<p>       Respondents pointed out that they were in a position to allow the appellant<br \/>\ninspection of the files in respect of the applications and the e-mails appellant had<br \/>\ndirected at SEBI. They further stated that inspection of these files shall also be<br \/>\nallowed to the appellant on the already scheduled date of inspection by the<br \/>\nappellant, i.e. 17.02.2009. These files will have the materials on how his several<br \/>\npetitions and e-mails were dealt-with\u23afin case they were received and processed<br \/>\nby SEBI.\n<\/p>\n<p>Decision:\n<\/p>\n<p>      It is directed that this information may be disclosed to the appellant<br \/>\nthrough inspection of files on 17.02.2009.\n<\/p>\n<p>       In respect of the applications and the e-mails directed by the appellant to<br \/>\nNSE, it is directed that the CPIO, SEBI shall transmit this part of the request<br \/>\nwithin 1 week of the receipt of this order, to the NSE for their response.\n<\/p>\n<p>Item No.8:\n<\/p>\n<p>       Respondents stated that all this information which the appellant has<br \/>\nsought is contained in the files \/ documents, which he is scheduled to inspect on<br \/>\n17.02.2009. He shall be able to see these documents and their disposal by SEBI<br \/>\nfor himself and take the information as it is contained in the files.\n<\/p>\n<p>Decision:\n<\/p>\n<p>      It is directed that this information may be disclosed to the appellant<br \/>\nthrough inspection of files on 17.02.2009.\n<\/p>\n<p>Item No.9(a):\n<\/p>\n<p>        CPIO replied that according to the replies received from the NSE, the<br \/>\narbitration proceeding was a quasi-judicial proceeding and there was no scope<br \/>\nfor NSE to interfere in the proceeding. NSE was not obliged to answer to the<br \/>\nappellant on behalf of the arbitrator, or to process such complaints against the<br \/>\narbitrator.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                         Page 5 of 7<\/span><br \/>\n Decision:\n<\/p>\n<p>        I see no infirmity in the communication furnished to the appellant by the<br \/>\nNSE. They are absolutely right in holding that they cannot be obligated to reply<br \/>\nto the appellant on behalf of a quasi-judicial body \u23af the Arbitrator.\n<\/p>\n<p>Item No.9(b) and 9(c):\n<\/p>\n<p>       NSE has very clearly replied that no such directions were given by the<br \/>\nArbitrators for production of Mr.Anil Thukral as witness. They have denied the<br \/>\nsurmises \/ assumptions made by the appellant.\n<\/p>\n<p>Decision:\n<\/p>\n<p>        The reply of the NSE notwithstanding, it must be stated that appellant was<br \/>\nnot entitled to receive the information regarding an extant quasi-judicial<br \/>\narbitration proceeding regarding who is being examined as witness and, who is<br \/>\nnot.\n<\/p>\n<p>      There shall be no disclosure obligation for these items of query.\n<\/p>\n<p>Item 9(d):\n<\/p>\n<p>Decision:\n<\/p>\n<p>      Appellant is not entitled to receive clarifications regarding arbitration<br \/>\nproceedings as information under the RTI Act.\n<\/p>\n<p>       Appellant is trying to repeatedly engage the respondents regarding the<br \/>\nconduct of an arbitration proceeding, which was acknowledgedly quasi-judicial<br \/>\nin nature and for which the respondents or the NSE are not obliged to furnish any<br \/>\ninformation to the appellant.\n<\/p>\n<p>Item No.10:\n<\/p>\n<p>Decision:\n<\/p>\n<p>       Respondents are not obliged to inform the appellant as to the basis on<br \/>\nwhich they propose to take a criminal or legal action against him. These matters<br \/>\ncan be resolved only in a court of law and not through RTI Act. As such, there<br \/>\nshall be no disclosure obligation as regards this query.\n<\/p>\n<p>4.    Matter disposed of with the above directions.\n<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                          Page 6 of 7<\/span>\n<\/p>\n<p> 5.    Copy of this direction be sent to the parties.\n<\/p>\n<p>                                                          ( A.N. TIWARI )<br \/>\n                                             INFORMATION COMMISSIONER<\/p>\n<p>AT-30012009-47.doc<br \/>\n<span class=\"hidden_text\">                                                                 Page 7 of 7<\/span>\n <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Information Commission Shri S.K. Kapoor vs Securities And Exchange Board Of &#8230; on 30 January, 2009 CENTRAL INFORMATION COMMISSION &#8230;.. F.No.CIC\/AT\/A\/2008\/00931 Dated, the 30th January, 2009. Appellant : Shri S.K. Kapoor Respondents : Securities and Exchange Board of India (SEBI) This matter was heard on 15.01.2009 pursuant to Commission&#8217;s notices dated 05.12.2008 and 11.12.2008. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39,1],"tags":[],"class_list":["post-168538","post","type-post","status-publish","format-standard","hentry","category-central-information-commission","category-judgements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shri S.K. 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