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Raj Kumar Makkad (Adv P & H High Court Chandigarh)     15 December 2011

CIC order qua disclosure of names of defaulters stayed by Delhi High Court

The Delhi High Court today stayed the direction of the Central Information Commission (CIC) asking the Reserve Bank of India to provide details of industrialists who have defaulted in repayment of loans taken from nationalised banks. A bench of Justice Vipin Sanghi, in its interim ex parte order, asked the information-seeker to respond to the petition filed by the RBI challenging the CIC order.

 

 

The court listed the next hearing on February 27, 2012, on the RBI’s petition which said the CIC’s directives were in violation of the Right to Information Act.

 

 

The CIC had on November 14 this year under section 8(2) of the RTI Act directed the RBI to provide the information sought by PP Kapoor by December 10.

 

 

Counsel T R Andhyarujina, appearing for the RBI, contended the CIC’s order would have a far-reaching impact as this kind of information is confidential and the Information Commissioner has dealt with the matter in a wrong way, without considering all the relevant provisions under the RBI Act.



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 1 Replies

Kumar Doab (FIN)     15 December 2011

How RBI is adversely affected by the order?

What are these far reaching-impacts quoted by RBI counsel?

RBI has concurred that is why the banks publish publicly the photographs of small borrowers who default on payments.

Is it that the RBI has come forward to shield the big borrowers/industrialists/promoters?

This seems to be unwritten rule that "High and mighty have to be guarded"


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