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Scam:SEBI IPO Observation Team Quality Information Hided-RTI

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

Top of Form
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




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