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        SEBI

        Regulation 27C - Grievance Redressal Mechanism

        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 may specify the manner of redressal and may recognise a body corporate to handle and monitor the grievance redressal process, formalising timeframes and oversight.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              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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