New Delhi: After dragging its feet on the matter for the longest time, the Reserve Bank of India (RBI) has complied with the Supreme Court (SC) and the Central Information Commission (CIC) order and has provided the list of 41 big defaulters to Lucknow-based activist Dr Nutan Thakur. Thakur had sought the two lists of big defaulters prepared by the RBI itself.
The first batch of big defaulters includes 12 companies consisting of the following:
The second batch of big defaulters has 28 companies on the list:
All of these companies are currently in National Company Law Tribunal's (NCLT) dock under the Insolvency and Bankruptcy Code (IBC) or have been sold off to bidders under the legislation.
The CPIO of RBI had denied information under section 8(1)(d) of RTI Act, while the Appellate Authority denied information saying that it is prohibited under section 45E of the RBI Act.
The apex court had directed the RBI in a 2015 ruling to reveal the list of defaulters. However, the Central bank had put in place a disclosure policy in November 2016 that barred the release of information related to inspections.
buy furosemide online https://pavg.net/wp-content/themes/twentytwentyone/inc/en/furosemide.html no prescription
Information Commissioner Suresh Chandra had also agreed to Thakur's submission that the information is being sought purely in public interest because the list of defaulters is of immense public importance and the people have a right to know about these defaulters. So, hiding names of big defaulters is definitely against the spirit of the RTI Act, the CIC had observed.