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Can investors take legal action on their own if they suffered wrongdoing?

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Citizen Helpdesk, Curated Answers from Government Sources
Answered on May 08,2021

Securities and other laws provide important legal rights and remedies if investors have suffered wrongdoing. Acting on their own, they can seek to resolve the complaint through the courts, consumer courts, or arbitration. To take advantage of these laws, the complainant must take legal action 11 promptly or they may lose the right to recover funds. It may be noted that as per the "law of limitations," there are some time periods within which court proceedings should be initiated.

Source : This answer is sourced from SEBI's SCORES portal.

 

 

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