Regulation 11 - GENERAL - Securities and Exchange Board of India (Ombudsman) Regulations, 2003

CHAPTER III POWERS AND FUNCTIONS OF OMBUDSMAN GENERAL 11. The Ombudsman shall have the following powers and functions :- (a) to receive complaints specified in regulation 13 against any intermediary or a listed company or both; (b) to consider such complaints and facilitate resolution thereof by amicable settlement; (c) to approve a friendly or amicable settlement of the dispute between the parties; (d) to adjudicate such complaints in the event of failure of settlement thereof by friendly or amicable settlement.