NSE under RTI ambit, rules court

While dismissing the NSE’s plea, Justice Sanjiv Khanna said: “The NSE is a public body and is bound to reveal information under the Right to Information (RTI) Act.”

The court rejected the NSE’s plea that it cannot be forced to disclose information under the transparency law as it is an autonomous body with no government control over it.

The CIC ordered in 2007 that bourses are quasi-governmental bodies and are bound to disclose information to the public under the RTI Act as a rule. After the order by CIC, NSE approached the high court, which put an interim stay on the CIC order.