SAT confirms That SEBI’s SCORES Acts Like a Post-office. What Next for Investor Grievance Redress?

On 3rd August, the securities appellate
tribunal (SAT) issued an interesting order which, finally, nails down what thousands of investors have suspected and complained about-that the market regulator deals with complaints to its grievance redress system like a post-office. It merely forwards cases to the regulated entity against which there is a complaint. Watch this week’s video as Sucheta Dalal examines the SAT order in detail.
For more read: www.moneylife.in/article/sat-...
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Пікірлер: 30

  • @prabhakarshetty9988
    @prabhakarshetty998811 ай бұрын

    In Recent case & in 2022 I pointed out company's(listed company) callous attitude in dealing with 15G form (dividend) submitted by me. I found SEBI(scores system) just passed on my complaint to company & reverting me with their feedback. In other words SEBI simply acted like a postman. In both instances SEBI didn't give ruling/decision and closed the complaint as such. Being a regulator shouldn't it be doing a umpire's like work. I tweeted to SEBI and retweeted but no response. I had to give up the fight as I found that I hit a dead wall

  • @pradeepgopalan9805
    @pradeepgopalan980511 ай бұрын

    This is Kafkaesque to say the least. SEBI is insular and so are the institutions functioning under its aegis. The Financial Markets Division of the Ministry of Finance also appears to be blissfully unconcerned. Investors in the end are left high and dry most of the time.

  • @vkamala1234
    @vkamala123411 ай бұрын

    Karvy latest news?Above 25 laks investors action plan?

  • @Star-ds4sd
    @Star-ds4sd11 ай бұрын

    Thanks Again 👍 Next Waiting For Vedanta

  • @stevejacob7399
    @stevejacob73998 ай бұрын

    Madam after seven months long wait SEBI closed my complaint saying company didn’t do any wrong. The complaint was against trade Nexa .

  • @jindalmohit
    @jindalmohit11 ай бұрын

    Very true.. experienced myself.

  • @jindalmohit

    @jindalmohit

    11 ай бұрын

    Nse kept on saying that it's Bse mistake and vise versa.

  • @jindalmohit

    @jindalmohit

    11 ай бұрын

    I have whole order and mail exchanges. Would like to share.

  • @quickeatwell
    @quickeatwell10 ай бұрын

    Thank you ma'am Unfortunately till date the shares are not alloted inspite of court orders. Though the article would help the family in some way, Many bribing hands have been involved and no relief yet. Sorry to state but There is no fear of law in our country.

  • @AvinashTavares
    @AvinashTavares11 ай бұрын

    Even the insurance ombudsman acts like post office. My 65 year old friend was duped into buyint a life insurance policy by SBI bank which will mature after 10 years

  • @AvinashTavares

    @AvinashTavares

    11 ай бұрын

    He invester 45 lakh, a UK citizen oci and has no more money in India . He has to pay another 20 lakhs else he loses everything

  • @AvinashTavares

    @AvinashTavares

    11 ай бұрын

    The ombudsman send his grivance to SBI for response. SBI gave a generic reply saying they explained everything about the police to the client(which they didn't) and he accepted... and the ombudsman was satisfied with it

  • @shwetamittal5888
    @shwetamittal588811 ай бұрын

    Hello mam, please share some insights on REIT and InVIT in India as an investment option.

  • @nayaknaresh
    @nayaknaresh11 ай бұрын

    All videos by Money Life point to the fact that our regulatory systems are non existent. So why not be a criminal, cheat the system and enjoy your life?

  • @SuchetaMoneylife

    @SuchetaMoneylife

    11 ай бұрын

    Good point 😄 but also remember - you are a hero and upright only until caught - when that happens you are finished, because the Indian system does not permit comebacks like in the US. Cases go on for your lifetime and you are doomed to life long pain

  • @user-yh4hp4ly9j
    @user-yh4hp4ly9j11 ай бұрын

    Madam, why don't you do something about asking the FIR from the police for a duplicate certificate? As you know it would be a harrowing experience to obtain the FIR from the police. The company or their transfer agents are asking for so many documents such as affidavits notarised, indemnity bond, signature verification from the bank manager, and press advertisement. What more do they want and why do they insist on FIR from police. Could do something to do away with this FRI from police for obtaining a duplicate certificate.

  • @reachhp
    @reachhp11 ай бұрын

    Posting complaints on scores is useless...they just close without addressing the issues

  • @udaydube6219
    @udaydube621911 ай бұрын

    Mam please make an episode on fraudulent algo service providers. It's rampant and i am myself the victim. Tried many algoes. Almost all are fraud. Sharing only profit shots and remain silent on loss.

  • @SuchetaMoneylife

    @SuchetaMoneylife

    11 ай бұрын

    I have a video blog on algo trading - Moneylife also has a detailed discussion with many algo providers on regulation for them. Do check out Moneylife news bites as well as Moneylife Foundation and do subscribe!

  • @Naps56
    @Naps5611 ай бұрын

    Can click "like" to all your talks in advance ?

  • @hypotheticalflash8507
    @hypotheticalflash850711 ай бұрын

    Madam, When some middle class men gain fame and money some "fake journalists"try to pull them down....can you relate???

  • @SuchetaMoneylife

    @SuchetaMoneylife

    11 ай бұрын

    No actually not. When people cheat the system, loot banks and manipulate markets, it is the job of journalists to report. But India could not possibly have such high corruption unless a lot of people thought like you and felt it is OKAY to cheat, loot and take money!! So do look inwards ... maybe you need to question what you relate to.

  • @quickeatwell

    @quickeatwell

    10 ай бұрын

    No it's absolutely true story

  • @yashpTel248
    @yashpTel24811 ай бұрын

    Mrs suchita why should u not make a videos in Hindi it deficult for me to understand

  • @naughtyUphillboy

    @naughtyUphillboy

    11 ай бұрын

    People look high class in english

  • @SuchetaMoneylife

    @SuchetaMoneylife

    11 ай бұрын

    we will try auto dubbing. we did that a couple of times. Honestly, the effort involved in doing a tight presentation in a second language is a lot of effort. But will certainly try.

  • @catalystforca9998

    @catalystforca9998

    11 ай бұрын

    ​@@naughtyUphillboyBecause they are catering to the people of India, not just to those who belong to the cowbelt

  • @naughtyUphillboy

    @naughtyUphillboy

    11 ай бұрын

    @@catalystforca9998 Naaaahhh, majority of Indians still are not that good in English, even most south Indian speak poor english.