A total of 2,071 complaints against companies and market intermediaries have been disposed of through Sebi’s SCORES platform in April, according to data released by Sebi on Thursday.
At the beginning of April, as many as 2,030 complaints were pending and 3,037 fresh complaints were received during the month.
The markets watchdog also noted that as of April 2023, 24 complaints were pending for more than three months, the data showed.
These complaints were related to investment advisers, research analysts, corporate governance, minimum public shareholding, venture capital funds, transfer/ dividend/ rights/ redemption and takeover/ restructuring.
The average resolution time for a complaint was 25 days, it added.
In a separate public notice, Sebi mentioned 14 entities against who complaints have been for more than three months on SCORES as on April 2023.
The entities are state-owned firms — Oil & Natural Gas Corporation Ltd (ONGC) and Petronet LNG, Brightcom Group, Nestra Capital, .
Posts in category Business Standard
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