Dispute resolution firms urge Sebi to refine, not dismantle, existing framework

Adding to these operational hurdles is the risk to past investments. Bhaven Shah, co-founder of Presolv360, said, “There has been significant investment by ODR institutions over the past few years in building the platform for investor disputes, strengthening compliance frameworks, and developing specialised teams to support the dispute resolution ecosystem. The proposed changes, which shift the administration of disputes to the MIIs, represent a fundamental change to that framework and naturally raise concerns for institutions that have contributed to building this ecosystem.”