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RTI: SEBI refuses to disclose instances when Buch recused on conflict of interest
Millennium Post Delhi
|Delhi 21 September 2024
A CPIO may still disclose information if public interest outweighs harm to protected interests
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- The regulator also refused to provide copies of Buch’s declarations to the government and SEBI Board on the financial assets and equities held by her and her family members on the grounds of these being ‘personal information’ and that their disclosure may ‘endanger’ personal safety
The cases where SEBI chairperson Madhabi Puri Buch recused herself due to potential conflict of interest is not "readily" available and collating them would "disproportionately divert" its resources, the securities market regulator said in an RTI response on Friday.
In the response furnished to transparency activist Commodore Lokesh Batra (retd), the regulator also refused to provide copies of Buch's declarations to the government and SEBI Board on the financial assets and equities held by her and her family members on the grounds of these being "personal information" and that their disclosure may "endanger" personal safety.
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