Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015 Chapter VII-B POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Grievance redressal mechanism requires issuers to resolve investor complaints within a prescribed period; Board may appoint corporate monitor. Issuers of municipal debt securities must redress investor grievances promptly and within a specified period as may be prescribed by the Board; the Board ... Summary
Grievance redressal mechanism requires issuers to resolve investor complaints within a prescribed period; Board may appoint corporate monitor.
Issuers of municipal debt securities must redress investor grievances promptly and within a specified period as may be prescribed by the Board; the Board may specify the manner of redressal and may recognise a body corporate to handle and monitor the grievance redressal process, formalising timeframes and oversight.
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