Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Asset management companies must resolve investor grievances within twenty-one days and use mediation, conciliation, arbitration. Asset management companies must redress investor grievances within twenty-one calendar days in the manner specified by the Board. Disputes between asset management companies and investors arising from securities market activities must be submitted to a dispute resolution framework comprising mediation, conciliation and arbitration under Board specified procedures, and the Board may recognize a body corporate to handle and monitor grievance redressal.
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.
Asset management companies must resolve investor grievances within twenty-one days and use mediation, conciliation, arbitration.
Asset management companies must redress investor grievances within twenty-one calendar days in the manner specified by the Board. Disputes between asset management companies and investors arising from securities market activities must be submitted to a dispute resolution framework comprising mediation, conciliation and arbitration under Board specified procedures, and the Board may recognize a body corporate to handle and monitor grievance redressal.
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