The Competition & Commercial Law Review

[ Malvika Chandra and Mansi Awasthi are both third-year law students at Hidayatullah National Law University, Raipur. ] Introduction In a recent affidavit  filed in response to writ petitions by five Kirloskar group companies, the Securities and Exchange Board of India ( SEBI ), on the 3 rd of September 2025, contended that shareholders’ right to information takes precedence over the principles of privity and   promoters’ claims of privacy in the context of disclosing privat