Facts for Prelims (FFP)
Source: ET
Context: In May, Sebi’s SCORES platform resolved 2,457 complaints against companies and market intermediaries.
About SCORES:
SEBI’s Complaints Redress System (SCORES) portal encourages investors to lodge their complaints on SCORES instead of sending physical letters. SCORES doesn’t deal with complaints against companies including Unlisted/delisted companies, sick companies or a company where a moratorium order is passed, or where the company is struck off by the Registrar of Companies (RoC).
About SEBI:
The Securities and Exchange Board of India (est. 1988; HQ: Mumbai) is a statutory regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance.
