The market regulator Securities and Exchange Board of India (Sebi) has resolved more investor complaints ahead of a revamp of its dispute resolution portal.
Sebi closed 4,471 complaints in February – the latest month for which data is available, a considerable increase over the 3,900-odd complaints closed in the previous month.
Complaints pertaining to and against Sebi-registered companies, related intermediaries and the securities market are registered at the Sebi Complaints Redress System (SCORES) portal – the market regulator’s grievance redressal forum. The online portal was launched in 2011 with the idea of making registration and tracking of investor complaints convenient