RTI plea upheld, I&B ministry to reveal Sun TV's shareholding

February 01, 2012 13:11

The Central Information Commission has directed the information and broadcasting ministry to make public the stake of Kalanithi Maran, brother of former telecom minister Dayanidhi Maran, in Sun TV, saying such details cannot be held back citing commercial confidence.

"List of members of a company, shares issued, etc are required to be furnished (usually by way of annual returns) to the registrar of companies in compliance with the provisions of the Companies Act, 1956. This information is available on the RoC website on payment of the prescribed fees. Therefore, such information cannot be treated as confidential, more so because it is accessible to the public," Information Commissioner Shailesh Gandhi said.

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