SEBI, vide Circular dated 17th April, 2013, has, pursuant to the provisions of Section 15C of the SEBI Act, 1992, called upon all listed companies to redress the grievances of investors and inform them within 30 days of the receipt of the complaints.
The details of investor grievances relating to the respective companies are available at the webpage http://scores.gov.in/admin, accessed through the respective SCORES user ID and password of each company.
The companies which are yet to obtain SCORES user ID and password are required to send their details as per the Form-A to SEBI (hard copy) and by email to scores@sebi.gov.in and obtain the SCORES user ID and password.
Failure to obtain the SCORES user ID and password within 30 days of issue of this circular would not only be deemed as non-redressal of investor grievances but also indicate wilful avoidance of the same.
Failure by companies to file Action Taken Reports under SCORES within 30 days of date of receipt of the grievance may also attract the provisions of section 15A(a) of the SEBI Act, 1992.
The SEBI Circular is available at the following link:
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