Computer generated disposing off serious complaints of investors is no disposal in eyes of law: SAT

SEBI ACT: Appellants were minority public shareholders of respondent companies - Appellants filed complaint with SEBI alleging incorrect disclosure made by respondent companies regarding their true promoters - Another complaint was filed on SCORES platform of SEBI against these companies regarding violation of minimum public shareholding requirement - Complaints made to SEBI remained unadressed - But in respect to complaint filed on SCORES platform, a computer generated communication was issued

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