SEBI Complaints Redress System (Scores) Platform

Context:  A total of 3,079 complaints against companies and market intermediaries have been disposed of through Sebi’s SCORES platform. About SCORES Platform:
  • It is a web based centralized grievance redress system of SEBI that was launched in June 2011.
  • SCORES enables investors to lodge and follow up their complaints and track the status of redressal of such complaints online from the above website from anywhere.
  • It 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).
Additional Information: About Securities and Exchange Board of India (SEBI):
  • Established in April 1988 as an executive body and was given statutory powers in January 1992 through the SEBI Act, 1992.
  • Aim: To monitors and regulates the Indian capital and securities market while ensuring to protect the interests of the investors, formulating regulations and guidelines.
  • HQ: Mumbai
 News Source: The Economic times

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