O R D E R

1. The Appellant filed an RTI application dated 08.05.2023 seeking information on the following points:

(i) Has SEBI attached any assets and / or properties, including those of the promoters and also directors of BRH Wealth Kreators Ltd?

(ii) If yes, please name the assets and / or properties attached.

(iii) What action Sebi has initiated and I or taken against NSE, BSE, CDSL NSDL and other intermediaries and / or relevant bodies involved / related to the illegal acts of BRH Wealth Kreators Ltd. and HDFC Bank?

(iv) NSE conducted a forensic audit through Ernst & Young ('E & Y" for short) and, in the report dated 26th February 2020, submitted by E&Y it was found that Rs. 116.62/- crores of securities having NIL balance was pledged by BRH which was illegally Invoked by HDFC Bank. NSE had forwarded the forensic audit report – ‘Fiscus-Report BRH Wealth Kreators Private Limited’, to SEBI.

a) Why did the said Forensic Audit Report of BRH gathered and forwarded by NSE, to SEBI, was not relied and / or mentioned in the order dated 21st January 2021, of SEBI against HDFC Bank?

b) Why did the Forensic Audit Report prepared by E&Y of BRH, has not been filed and / or relied upon by SEBI, in