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Filing stock-related complaints against erring companies gets easier

Firms need to respond within 30 days of filing complaint

Filing stock-related complaints against erring companies gets easier
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Priyadarshini Maji
Direct stock investors who want to make complaints against erring companies have a reason to cheer. The Sebi has made some key changes in its web-based centralised grievance redressal system, Sebi Complaints Redress System (Scores), that will help investors to lodge complaints, follow up and track the status of redressal of such complaints online.
 
Earlier, an investor had to file the complaint with the market regulator, which examined whether the complaint fell under its purview. Then, it would forward the complaint to the concerned listed company, advising them to send a written reply to the complainant and file an