Primary sources · Order

Appeal No. 6984 of 2026 filed by Muhammad Aadil

Securities and Exchange Board of India · 11 Aug 2026


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Appeal No. 6984 of 2026

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BEFORE THE APPELLATE AUTHORITY

(Under the Right to Information Act, 2005)

SECURITIES AND EXCHANGE BOARD OF INDIA

Appeal No. 6984 of 2026

Muhammad Aadil : Appellant

Vs

CPIO, SEBI, Mumbai : Respondent

ORDER

1. The appellant had filed an application dated July 11, 2026 (received by SEBI through RTI MIS portal) under

the Right to Information Act, 2005 (“RTI Act”). The respondent, by a letter dated July 14, 2026 responded

to the application filed by the appellant. The appellant filed an appeal dated July 16, 2026 (Reg. No.

SEBIH/A/E/26/00263). I have perused the application, the response of the respondent and the appeal and

find that the matter can be decided based on the material available on record.

2. Queries in the application - The appellant, in his application, sought the following information:

“ Under the provisions of the Right to Information Act, 2005, I kindly request your office to provide the following certified

information managed by the Honble Supreme Court Appointed Committee (In the matter of PGF Limited / PACL

Limited):

1. Please provide the latest, updated complete list (including Khasra / Survey Numbers, Plot / Unit Numbers, Village /

City, Tehsil, and Area / Size) of all UNSOLD immovable properties of PGF Limited and PACL Limited located in

the following five States / UTs: Uttarakhand, Uttar Pradesh, Delhi, Haryana, Punjab.

2. Please provide the corresponding Google Map Coordinates (Latitude and Longitude / GPS Locations) as recorded by the

Committee or its designated technical survey agency for each of these unsold properties across the aforementioned five states to

facilitate physical inspection.

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3. Please provide the current circle rates or target reserve prices fixed by the Committee for each of these specific unsold land

parcels / units. Please provide the certified data preferably in an Excel sheet format via the online portal or to my registered

email address. Sincerely, Muhammad Aadil.”

3. Reply of the Respondent – The respondent, in response to the application, informed that the information

sought is not available with SEBI. Further, respondent informed that all communication regarding the refund

status is handled by Justice (Retd.) R.M Lodha Committee and advised the appellant to approach the said

Committee. The respondent also informed that the details of PACL Matters-Public Notices, Press Releases,

Status Report and FAQs etc. are available on SEBI website.

4. Ground of appeal – The appellant has filed the appeal on the ground that he was refused access to

information requested.

5. I have perused the application and the response provided thereto. The respondent, in his response, has

categorically mentioned that the requested information is not available with SEBI. In this context, I note that

the Hon’ble Central Information Commission in the matter of Sh. Pattipati Rama Murthy vs. CPIO, SEBI

(Decision dated July 8, 2013), held: “… if it (SEBI) does not have any such information in its possession, the CPIO

cannot obviously invent one for the benefit of the Appellant. There is simply no information to be given.” Accordingly, I do

not find any deficiency in the response of the respondent.

6. Notwithstanding the above, I note that the responsibility of disposal of the properties and repayment to

investors, is entrusted with the Justice (Retd.) R. M. Lodha Committee (under the Chairmanship of Hon’ble

Mr. Justice R.M. Lodha, former Chief Justice of India), which has been constituted, pursuant to the order

dated February 2, 2016 of the Hon’ble Supreme Court of India. I also note that the respondent has advised

the appellant to approach the said Committee. The respondent has also provided the links for accessing

Status Reports, FAQs, Press Releases and Public Notices pertaining to the matter of PACL Ltd., which are

already available in the public domain. The appellant may be guided accordingly.

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7. In view of the above observations, I find that there is no need to interfere with the decision of the respondent.

The appeal is accordingly dismissed.

Place: Mumbai RUCHI CHOJER

Date: August 11, 2026 APPELLATE AUTHORITY UNDER THE RTI ACT

SECURITIES AND EXCHANGE BOARD OF INDIA

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