SEBI Tweaks ‘Grievance Redressal Mechanism’ for Stock Market Intermediaries
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- By Chetan Kulasri
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- Last Updated on 19 August, 2023
Latest from Taxmann
Notification No. SEBI/LAD-NRO/GN/2023/146., Dated 16.08.2023
The SEBI has notified amendments in various Regulations such as Merchant Bankers Regulations, Debenture Trustees Regulations, Mutual Funds Regulations, Collective Investment Schemes Regulations, AIFs Regulations, etc. Now, the entity shall redress investor grievances promptly but not later than 21 calendar days from the date of receipt of the grievance and in such manner as may be specified. Also, the Board may recognize a body corporate for handling and monitoring the process.
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