Amit Krishna, a Company Secretary and Law Graduate by profession, was appointed as Company Secretary cum Compliance offrcer for Radha Raman Ltd (a BSE Listed Company). The Company follows the Good Corporate Governance pr
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2021
Amit Krishna, a Company Secretary and Law Graduate by profession, was appointed as Company Secretary cum Compliance offrcer for Radha Raman Ltd (a BSE Listed Company). The Company follows the Good Corporate Governance practices and resolution for each and every grievance of the Stakeholder of the Company. Under the SEBI (LODR) Regulations, 2015, what are the provisions there for Grievance Redressal Mechanism & Submission of Compliance Certificate to the Exchange?
Answer & Explanation:
Grievance Redressal Mechanism: Regulation 13(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Time Period: The listed entity shall file with the recognised stock exchange(s) on a quarterly basis, within twenty one days from the end of each quarter, a statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter. Events: The Listed entity shall ensure that adequate steps are taken for expeditious Redressal of investor complaints. The listed entity shall ensure that it is registered on the SCORES platform or such other electronic platform or system of the Board as shall be mandated from time to time, in order to handle investor complaints electronically in the manner specified by the Board. The listed entity shall file with the recognized stock exchange(s) a statement giving: The number of investor complaints pending at the beginning of the quarter, Those received during the quarter, Disposed of during the quarter and Those remaining unresolved at the end of the quarter. The same statement shall be placed before the Board of Directors quarterly Submission of Compliance Certificate to the Exchange, Regulation 7(3) & (2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Time Period: Within 30 days of end of the financial year. Events: Submission of Compliance Certificate to Stock Exchange certifying that all activities in relation to both physical and electronic share transfer facility are maintained either in house or by Registrar to an issue and share transfer agent registered with the Board. Further the listed entity shall submit a compliance certificate to the exchange, duly signed by both the compliance officer of the listed entity and the authorised representative of the share transfer agent, wherever applicable
Topics: SEBI (LODR) Regulations, 2015
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