HC: SEBI can’t inquire into petitioner’s call data records from telecoms as it violates fundamental

CL : In a PIL filed by Indian Council of Investor-petitioner, alleging violation of the Fundamental right of privacy by SEBI for intercepting and monitoring calls and calling for Call Data Records (CDRs) from Telecom Service providers (TSP) it was held that SEBI was authorized under SEBI Act for the same . However, since power is capable of misuse and could violate a citizen's right to privacy guaranteed by Article 21 of the Constitution. Therefore, such power cannot be exercised by SEBI for con