Supreme Court stays Delhi HC ruling bringing NSE under RTI Act
New Delhi, July 31 -- The Supreme Court on Friday stayed a Delhi High Court ruling that brought the National Stock Exchange (NSE) within the ambit of the Right to Information (RTI) Act, giving the bourse interim relief as it pursues an appeal against the decision.
The apex court also stayed a 2007 order of the Central Information Commission (CIC), which had held that stock exchanges perform public functions and therefore qualify as "public authorities" under the RTI Act.
A two-judge bench comprising Justice Vikram Nath and Justice Sandeep Mehta issued notice on NSE's appeal and granted interim protection against both the Delhi High Court's judgment and the CIC's 2007 order until further orders. "The order passed by the Central Informati...
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