India, Oct. 15 -- The Supreme Court (SC) on Tuesday questioned TMC MP Mahua Moitra over her plea to mandate public disclosure of ultimate beneficial owners and portfolios of alternative investment funds, foreign portfolio investors and their intermediaries in India.
A bench of justices BV Nagarathna and R Mahadevan said a "roving and fishing" inquiry cannot be done by filing a petition under Article 32 of the Constitution.
"You are seeking public disclosure. But what is the purpose of that disclosure? What will you do with the disclosure? Is it under Right to Information Act? You can't have an Article 32 petition which is in the nature of a Right to Information," the bench observed.
The top court asked advocate Prashant Bhushan, appearin...