ITAT Kolkata dismisses Nikhil Commosales Pvt. Ltd.’s appeal, permitting revival if the assessee’s application under the Vivad Se Vishwas Scheme 2024 is unsuccessful.
RTI Act grants access to existing records only; public authorities need not provide opinions, clarifications, or policy recommendations, as emphasized by CIC and SC precedents.
RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of information. The authority found that inquiries regarding investigation status or actions taken by IBBI officials amounted to seeking opinions or advice, which falls outside the scope of the RTI Act.
IBBI suspends valuer Nitin Ashok Garg for six months due to valuation report discrepancies in East Coast Energy liquidation case.
IBBI suspends Sujit Shrikant Joglekar for six months due to valuation discrepancies in East Coast Energy liquidation.