Sarvbhom Ltd. issued 2000 equity shares of ₹100 each on 1st May, 2019. The amount payable was ₹30 on application and ₹70 on allotment of shares. The company had received applications for 3000 equity shares and shares wer

Duration for making the compliant to Ombudsman The SEBI (Ombudsman) Regulations, 2003 prescribes that no complaint to the Ombudsman shall lie – unless the complainant had, before making a complaint to the SEBI or the Ombudsman concerned, made a written representation to the listed company or the intermediary named in the complaint and the listed company or the intermediary, as the case may be, had rejected the complaint or the complainant had not received any reply within a period of one month after the listed company or intermediary concerned received his representation or the complainant is not satisfied with the reply given to him by the listed company or an intermediary; unless the complaint is made within six months from the date of the receipt of communication of rejection of his complaint by the complainant or within seven months after the receipt of complaint by the listed company or intermediary under clause (a) above.