2013 (5) TMI 984

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....hri Satyananda Mishra 2. We heard both the parties. 3. Referring to some case filed by the SEBI against him, the Appellant had raised a number of queries, mostly seeking the opinion of the CPIO on the legality of the SEBI's actions. The CPIO had replied to him with the observation that since the matter was before a competent court and all the records relating to the case were in its possess....

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....but are mostly intended to elicit the opinion of the Appellant on the decision of the SEBI to launch prosecution against him. Whether the prosecution has been rightly lunched or not cannot be decided by the CPIO or this Commission. It is for the competent court of law to decide if the prosecution launched by the SEBI is just. For example, the Appellant has wanted to know if criminal liability can ....