In Brief
Three contempt petitions challenged the Reserve Bank of India's disobedience of the Court's 16.12.2015 judgment regarding disclosure of information under the Right to Information Act, 2005. The petitioners sought inspection reports, show-cause notices, and financial loss data that the RBI had refused to disclose. The Court held that the 2015 judgment contained no ambiguity and that there is no fiduciary relationship between the RBI and banks justifying non-disclosure. The Court confirmed that contempt petitions can be filed by any aggrieved party to enforce general Court directions, not merely original judgment parties. The RBI's disclosure policies violated the Court's orders. The Court disposed the petitions, giving the RBI a final opportunity to withdraw non-compliant exemptions from its disclosure policy.
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