Supreme Court dismisses Mahua Moitra's plea on AIF, FPI ownership disclosure

The Supreme Court has dismissed TMC MP Mahua Moitra's petition seeking public disclosure of the beneficial owners of Alternative Investment Funds and Foreign Portfolio Investors. A bench headed by Justice BV Nagarathna said no legal or regulatory framework mandates such disclosure, so the court cannot order it, but its ruling won't stop the Centre or SEBI from framing a policy.