Introduced in June 2011, Sebi Complaints Redress System (SCORES) is a web-based centralised system to capture investor complaints against listed companies and registered intermediaries. Photo: ReutersNew Delhi: Investors can soon submit their complaints directly to the listed companies through the SCORES platform, according to Sebi. The move, aimed at faster disposal of investor complaints, would come into force from 1 August. Introduced in June 2011, Sebi Complaints Redress System (SCORES) is a web-based centralised system to capture investor complaints against listed companies and registered intermediaries. “The entity is required to redress the grievance within 30 days, failing which the complaint shall be registered in SCORES,” Sebi said.

Source: Mint March 29, 2018 10:52 UTC