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Sebi’s SCORES platform

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.