NCLAT: Can’t Dismiss Restoration App. if Filed in 30 Days from Date of Dismissal of Original App.  ||  Delhi HC: Communication between Parties through Whatsapp Constitute Valid Agreement  ||  Delhi HC Seeks Response from Govt. Over Penalties on Petrol Pumps Supplying Fuel to Old Vehicles  ||  Centre Notifies "Unified Waqf Management, Empowerment, Efficiency and Development Rules, 2025"  ||  Del. HC: Can’t Reject TM Owner’s Claim Merely because Defendant Could have Sought Removal of Mark  ||  Bombay HC: Cannot Treat Sole Director of OPC, Parallelly with Separate Legal Entity  ||  Delhi HC: Can Apply 'Family of Marks' Concept to Injunct Specific Marks  ||  HP HC: Can’t Set Aside Ex-Parte Decree for Mere Irregularity  ||  Cal. HC: Order by HC Bench Not Conferred With Determination by Roster is Void  ||  Calcutta HC: Purchase Order Including Arbitration Agreement to Prevail Over Tax Invoice Lacking it    

Nanik Premchand Rajwani v. Central Public Information Officer, Union Bank of India - (Central Information Commission) (28 Jun 2016)

Disclosure of bank’s business dissuades “window-dressing”, in public interest

MANU/CI/0173/2016

Right to Information

“Any action that results in dissuading commercial entities from indulging in practices such as window-dressing would be in larger public interest”, the Central Information Commission stated, hearing an appeal from an RTI application that had sought specifics on internal functioning of the Union Bank of India.

The Appellant had filed a Right to Information application with the bank, requesting information on its business mix, restricted NPA accounts, and action taken against bank officials who indulged in window-dressing and other unsavoury activities.

CPIO for the bank responded to the application stating that the information was exempt from public disclosure under Section 8(1)(a) of the RTI Act as it would prejudice the economic interests of the bank. Moreover, matters of business mix were of commercial confidence.

The CIC seemed to accept Appellant’s contentions that the bank was hesitant to provide information as it would reveal acts that had adversely affected interests of shareholders. It also noted that the bank published quarterly figures, which would be no less detrimental than the information sought by Appellant.

Relying on earlier Apex precedent, that failure to disclose requisite information under the umbrella of ‘economic interest’ would only attract more suspicion and disbelief, the bench held that disclosure of information concerning daily business mix of a bank does not attract exemption under Section 8.

Relevant : Section 8 Right to Information Act, 2005

Tags : RTI   EXEMPTION   BANK   BUSINESS MIX   PUBLIC INTEREST  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved