SAT directs filing of claim against defaulter broker before stock exchange under its bye-laws

COMPANY LAW/SEBI : Where broker is declared a defaulter and his terminals are disabled, then complaint filed by investor against said broker cannot be referred for redressal to Investor Grievance Redressal Committee (IGRC) and only option available is to file a claim under bye-laws of stock exchange

from www.taxmann.com Latest Case Laws https://ift.tt/3j0UprT