How to move Sebi under Right to Information Act

The government has enacted the"Right to Information Act 2005" to provide a practical regime of right to information for citizens to secure access to information under the control of public authorities to promote transparency and accountability in the working of any public authority.

The right to information includes an access to the information which is held by or under the control of any public authority and includes the right to inspect the work, document, records, taking notes, extracts or certified copies of documents / records and certified samples of the materials and obtaining information which is also stored in electronic form.

Investors, that is individuals, who are interested in sourcing information from the markets regulator, the Securities and Exchange Board of India, can do so by submitting an application to the regulator.

Sebi has laid down a brief guideline for the process:

How long will sebi take to provide information?

Sebi will, within 30 days of receipt of the application for information along with the fee of Rs 10, communicate to the requestor whether it can or cannot provide the information.

At what stage will I have to pay the cost?

If Sebi has the information and can provide it to you it will, within 30 days of its receiving the application along with the fee of Rs 10, communicate to you the cost of providing the information as prescribed under Section 7(1) of Right to Information Act.

When will I get the information?

You will get the information, once Sebi receives the payment towards providing the information.

Whom should the application be addressed to?

The structure of central public information officers in Sebi is available on the website www.sebi.gov.in .