Mumbai:SEBI officers are
giving observation on various offer documents filed as IPO of billions of
values. They read more than 500 pages documents and give observation with
additional requirements. The clever officers do
not make online the observation in SEBI website for
investors. They suggest transparency only
on paper.
A RTI was filed to get SEBI observation on ICICI
Prudential Life IPO then they hided the team members details in observation
column. The signature was also deleted in RTI Reply .People will never come to know that which officer has given such poor
or good quality observations.
In an RTI reply SEBI do not want to share the
observation team details . It means in background the clerk may be suggesting
observation and officers have no time to read 500 pages. The quality of officer
may be poor and he may have got job with minimum class marks. There may also be corruption to recruit SEBI IPO observation team.
Final Status of PMOIN/R/2017/50002
SEBIH/R/2017/80002
Applicant Name
|
SK Shrivastava
|
Date of receipt
|
01/01/2017
|
Request Filed With
|
Prime Minister's
Office
|
Text of Application
|
SEBI team clears
different IPO,OFS,FPO etc and give observation . The information required
about observation team handling IPO etc.
RTI Question Name, Post, Qualification , experience and details of training taken by observation team members from 2013-2016. |
Request
document (if any)
|
|
Status
|
RTI REQUEST RECEIVED as on 01/01/2017
|
Date of Action
|
01/01/2017
|