The Securities and Exchange Board of India (SEBI) on August 11, 2023, issued an updated Online Resolution of Disputes in the Indian Securities Market.
SEBI issued a Circular dated July 31, 2023, which has been updated.
The following has been updated-
•Clause 8 of the circular stands substituted.
•Clause 11 of the circular stands substituted.
•Clause 13 of the circular stands substituted.
•Clause 17 of the circular stands substituted.
•In the first sentence of Clause 20. c. of the circular, “75%” shall stand substituted with “100%”.
This circular shall be applicable with immediate effect.
[Notification No. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/145]