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Section 20: General Powers and Functions of Ombudsman

Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015Central Regulations · 2013

The Ombudsman shall have the following powers and functions to-

(a) receive complaints as specified in these regulations against any intermediary or entity and to consider such complaints and facilitate resolution thereof by amicable settlement;

(b) approve a friendly or amicable settlement of the dispute between the parties;

(c) adjudicate such complaints in the event of failure of settlement thereof by friendly or amicable manner.

Where this provision sits

ActPension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015
Section20
Marginal noteGeneral Powers and Functions of Ombudsman
JurisdictionCentral
StatusIn force as published by the source

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