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of <h1>SEBI Requires Merchant Bankers to Resolve Investor Complaints in 21 Days; May Appoint Entity for Oversight.</h1> The Securities and Exchange Board of India (SEBI) mandates that Merchant Bankers address investor grievances within twenty-one calendar days from receipt, following procedures specified by SEBI. Additionally, SEBI may designate a corporate entity to oversee and manage the grievance redressal process within a specified timeframe and manner. This regulation ensures timely and efficient handling of investor complaints to maintain transparency and accountability in the securities market.
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