New Delhi, July 2 -- The Delhi High Court has held that the National Stock Exchange of India (NSE) is a 'public authority' under the Right to Information (RTI) Act, 2005, making it subject to the transparency law.

High Court Upholds RTI Applicability to NSE

A Division Bench comprising Justices C. Hari Shankar and Om Prakash Shukla dismissed the NSE's appeal against a 2010 single-judge ruling that had upheld the Central Information Commission's decision bringing the exchange under the RTI Act.

The court observed that an entity qualifies as a public authority under Section 2(h) of the RTI Act if it is owned, controlled or substantially financed by the appropriate government.

Relying on the Supreme Court's ruling in Thalappalam Service C...