Right to inforamtion

Querist : Anonymous (Querist) 21 January 2012 This query is : Resolved
sir i am working as appellate authority under RTI act. The applicant has sought informtion "please provide me cirtified copies of the Bank's annual balance sheet for the period 1991 to2011.

The CPIO has denied to furnish the same havieng disproportionately diverting resoreces of the bank under sec 7/9.

please guide me whther i have to furnish the same or concure with the advises of CPIO?
regards

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Sailesh Kumar Shah (Expert) 21 January 2012
Can i know name of bank ?

Advocate. Arunagiri (Expert) 21 January 2012
The balance sheet of the company is not a confidential one. It has to be sent to every shareholder. It can not get exemption under the RTI Act.

I suggest you to provide the info.

Legal Fighter (Expert) 21 January 2012
balance sheet must already be with bank and how does furnishing the same requires diversion of resources? balance-sheet is not a document which the PIO has to prepare specially for the RTI applicant by diverting resources.

Raj Kumar Makkad (Expert) 21 January 2012
You should deny furnishing this document because this is confidential having business secret and moreover the document of such old period cannot be provided.

Sailesh Kumar Shah (Expert) 21 January 2012
Mostly PSU bank is listed in stock exchanges, so one can download balance sheet from NSE/BSE. So, no need to deny, if your bank is listed one.

prabhakar singh (Expert) 21 January 2012
You should furnish the info sought as it is not a confidential document.

Nadeem Qureshi (Expert) 21 January 2012
I think you are capable to pay the lawyers fee, contact them

Sankaranarayanan (Expert) 21 January 2012
As mr arunagiri's view is correct. The balance sheet is alredy published in news paper and distributed and ciculated among all share holder . What reason you need it. You can write and get the same

Sachin Bhatia (Expert) 21 January 2012
You should have sent it as The balance sheet of the company is not a confidential one.

Isaac Gabriel (Expert) 22 January 2012
As Appellate authority,you can direct the PIO to furnish copies on payment of charges and dispose the matter.

Sudhir Kumar, Advocate (Expert) 19 October 2013
the security classification of the document is not relevant.

Please see under which clause of section 8 the refusal is justified.

Right to inforamtion

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