Here is how you can get resolution
Written by - Prince Kumar
Photo Credit: SEBI
You can use SCORES, SEBI's Complaint Redress System to get a resolution. Let's learn more about this platform. Photo Credit: Pexels
SCORES is SEBI's online complaint redressal mechanism to deal with complaints of investors related to all products and entities regulated by it. Photo Credit: Pexels
Complaints against companies, which issued shares in which investors have invested, or against companies such as mutual funds providers and portfolio management companies etc. Photo Credit: Pexels
SCORES can also be used to register a complaint against brokers, distributors, financial advisors etc. Photo Credit: Pexels
Complaints that are incomplete or not specific, allegations without supporting documents, not satisfied with trading price of shares of the companies etc. Photo Credit: Pexels
Complaint against unlisted/delisted or wounded/ liquidated companies, and complaints falling under the purview of other regulatory bodies etc. Photo Credit: Pexels
Either you can do it through SEBI’s website or you can use SCORES mobile application. Photo Credit: Unsplash
After lodging complaint, a user get a unique tracking number and the entity is required to respond with an Action Taken Report (ATR) within the stipulated time. Photo Credit: Pexels
This is an alternate dispute redressal mechanism to ensure easy, quick and inexpensive resolution of problems. The investor has the option to approach the relevant court. Photo Credit: Pexels