Regulator disposes of appeal stating information act cannot compel claim compilation or grievance handling

The Insolvency and Bankruptcy Board of India held that the Right to Information Act cannot compel the compilation of claim-wise information or the resolution of grievances when relevant Corporate Insolvency Resolution Process records are already accessible to the public, resulting in the disposal of the appeal. Statutory information mechanisms provide access to existing documentation but do not function as grievance redressal forums or data-processing bureaus for specific claim calculations.

Claim disbursement follows dedicated legal procedures overseen by appointed insolvency professionals rather than through information requests. Creditors and investors should pursue formal claim settlement channels and monitor official liquidation or resolution updates directly from designated administrators. Stakeholders must track official notices regarding disbursement proceedings.

Ultimately, utilizing proper legal channels remains essential for tracking asset distributions and claim statuses.