Bombay HC questions Sebi in CIC-RIL case

The high court here adjourned the Securities and Exchange Board of India ( Sebi)- Central Information Commission (CIC) case to December 19, while directing that Reliance Industries Ltd (RIL) be made a party. Sebi is appealing against an order of the central information commissioner, Satyananda Mishra (appellate authority under the national Right to Information Act), last month, asking it to disclose information in the 2007 RIL insider trading case.

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