SEBI's grievance redressal platform SCORES disposes of 3,236 complaints in August
In a separate public notice, Sebi mentioned seven entities against whom complaints have been pending for more than three months on SCORES as of August 31, 2022.
A total of 3,236 complaints received through the grievance redressal system SCORES against companies or market intermediaries have been disposed of in August, according to data released by Sebi on Friday.
At the beginning of August, 3,058 complaints were pending and 3,292 fresh complaints were received, according to the data.
These complaints were related to refunds, allotment, redemption and interest, among others.
The regulator also noted that there were nine complaints as of August 2022 which were pending for more than three months related to investment adviser, research analyst, non-demat, remat, refunds, dividends and rights, among others.
The average resolution time for a complaint was 25 days, it added.
In a separate public notice, Sebi mentioned seven entities against whom complaints have been pending for more than three months on SCORES as of August 31, 2022.
Most complaints were pending against research analyst Grovalue Financial Services Pvt Ltd and Trans Financial Services Resources Ltd.
Highlight Investment Research, Gaurav Agrawal Proprietor -- Profit Vista Financial Research, Sonal International Ltd, Plastibends India Ltd and Precision Wires India Ltd are among other entities against whom complaints have been pending for over three months.
SCORES is a grievance redressal system which was launched in June 2011.
Me for a complaint was 25 days, it added.
In a separate public notice, Sebi mentioned seven entities against whom complaints have been pending for more than three months on SCORES as of August 31, 2022.
Most complaints were pending against research analyst Grovalue Financial Services Pvt Ltd and Trans Financial Services Resources Ltd.
Highlight Investment Research, Gaurav Agrawal Proprietor -- Profit Vista Financial Research, Sonal International Ltd, Plastibends India Ltd and Precision Wires India Ltd are among other entities against whom complaints have been pending for over three months.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
IPL Auction 2025 Free Live Streaming: When and where to watch Indian Premier League 2025 mega auction live online, on TV, Mobile Apps, and Laptop?
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
12:41 PM IST