Information regarding bank’s approval for induction of new partners in a firm
The appellants filed an application under the Right to Information (RTI) Act with the Union Bank of India seeking information about approval of the bank to the induction of four new partners of a particular Cold Storage firm. The Public Information Officer (PIO) denied the information on the ground that the appellants were not the partners of the said firm as per bank record.
During the hearing before the Central Information Commission (CIC), the appellant submitted that the information sought pertains to the documents relating to the new partners that had been proposed for running the cold storage, schedule for the term loan that the bank had itself proposed following the constitution of a new partnership, the basis for transferring money from his personal account to the entity’s loan account, the basis on which the bank had reported possession of the cold storage when it had not actually done so, certified copies of the letter/papers relating to the declaration of NPA and the rules under which potatoes in the storage were disposed of taking into account that the appellant had made the payment to the farmers for their potatoes. The appellant also stated that they are an interested party as they are not only the partner in the cold storage, but they have also invested money.
View of CIC
The Commission directed the respondent to enable the appellant to inspect the relevant file and papers and to provide the photocopies of the documents thereafter.
Citation: S/Shri Jairam & Ved Prakash Singhal v. Union Bank of India in Decision No. CIC/SM/A/2011/002865/VS/01843
RTI Citation : RTIFI/2013/CIC/1016
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