In case a broker fails to deliver the securities or make payment on
time, or if you have complaint against conduct of the stock broker, you can file
a complaint with the respective stock exchange. The exchange is required to
resolve all the complaints. To resolve the dispute, the complainant can also
resort to arbitration as provided on the reverse of contract note /purchase or
sale note. However, if the complaint is not addressed by the Stock Exchanges or
is unduly delayed, then the complaints along with supporting documents may be
forwarded to SEBI. Your complaint would be followed up with the exchanges for
expeditious redressal.
In case of complaint against a sub broker, the complaint may be forwarded to the concerned broker with whom the sub broker is affiliated for redressal.
In case of complaint against a sub broker, the complaint may be forwarded to the concerned broker with whom the sub broker is affiliated for redressal.
