Quick Summary
Global Vision Research is a SEBI registered Research Analyst under number INH000015853, based in Indore. If you have a problem with the firm, three platforms are open to you: SEBI SCORES, SMART ODR, and share market arbitration, in that order. This page walks through each step, what to gather first, and how long every stage actually takes, along with the specific red flags on this firm’s own website that could form the basis of your complaint.
How to complain against Global Vision Research starts with one simple fact: a filing window that closes one year after your loss happened.
Wait too long, and you lose the right to use SCORES at all.
This page walks you through each platform in the order you would actually use them, then lists the exact signals on this firm’s own site worth acting on.
Where Does a Complaint Against Global Vision Research Actually Begin?
You do not start with arbitration, and posting on social media will not help either. SEBI’s own process expects you to raise the issue with the firm first, then move to SCORES if that does not work.
From there, the path runs through SMART ODR, and if needed, arbitration through the exchange. Each stage has its own steps, covered in order below.
What Should You Gather Before You File Anything?
None of the platforms ahead will move your case forward without proof attached to it. Building this file first means every later step takes minutes instead of days.
- Your payment receipt or bank statement, showing the amount and the date you paid.
- Screenshots of the plan you subscribed to, including the price shown at the time.
- Every message exchanged with the firm, from the first sales pitch to any complaint you already raised.
- The exact plan name, since Global Vision Research lists several similarly named plans.
- Your PAN and linked mobile number, needed to log into SCORES and SMART ODR.
How Do You File a Complaint on SEBI SCORES?
With your file ready, SEBI SCORES complaint filing is the first regulatory platform you actually use. It is free, it runs online, and it forces Global Vision Research to respond on the record.
1. Get Into the Portal
SCORES now runs only through scores.sebi.gov.in, since the older scores.gov.in site closed in March 2024. The SCORES mobile app works the same way if you would rather file from your phone.
Enter your PAN and date of birth, then confirm your mobile number with an OTP.
2. Select Global Vision Research and Your Complaint Category
Choose Registered Intermediaries, then Research Analyst, then search for Global Vision Research using registration number INH000015853.
Pick the category that matches your issue, such as non delivery of service or a fee dispute. Write your complaint in plain language and attach your documents, up to ten files and 20MB in total.
3. Know What Happens After You Submit
Once filed, SCORES sends your complaint straight to Global Vision Research. The firm must upload an Action Taken Report within 21 days.
If that reply does not satisfy you, request a first-level review within 15 days of receiving it. The Designated Body, usually the relevant exchange, then responds within 10 calendar days, and a second-level review is available within 15 days after that if the issue still stands.
Remember the one-year filing window mentioned earlier. It runs from the date your loss actually happened, not from today.
What Happens if SCORES Does Not Resolve Your Complaint?
If SCORES closes without a result you can accept, the SMART ODR portal is the next stop. It handles both mediation and arbitration in one place, picking up exactly where SCORES leaves off.
1. Register Your Dispute
Visit smartodr.in and create an account using your PAN, email, and mobile number. Click File a new dispute, select Global Vision Research as the entity, and choose the category that matches your case.
Upload the same documents you already prepared.
2. Go Through Conciliation
The platform first tries pre-conciliation, contacting both sides to see if a quick resolution is possible. If that does not work, a neutral conciliator takes over and usually closes the process within 21 days.
The conciliation fee is charged to the firm, not to you, no matter how the case ends.
3. Move to Arbitration if Conciliation Fails
If conciliation does not resolve things, arbitration is the next and final stage within the same portal.
This is where an actual decision gets made rather than a negotiated settlement, and it is not something you can skip ahead to.
What Happens at NSE or BSE Arbitration?
Share market arbitration is the last stop on this path, and it produces a decision both sides must follow.
1. How the Case Gets There
Once conciliation ends without a settlement, you or your representative must notify the ODR institution within 10 days. Missing that window can mean starting the whole process over again from SCORES.
2. Cost and Outcome
Arbitration fees are shared between you and Global Vision Research, scaled to the size of your claim. Everything runs online, through video hearings and document uploads on the same portal used for conciliation.
An arbitral award carries the same legal weight as a court decree.
When Should You Actually File a Complaint Against Global Vision Research?
Knowing how to file is only half the picture. Knowing whether your situation qualifies is the other half.
Signals in pricing. Seven of the firm’s nine pricing plans work out to more than SEBI’s fee cap once you annualise them. Two services, Option Infinity and Index Master, use return promises SEBI does not allow.
The homepage also shows logos from well known brands that have no real connection to the firm. The full plan-by-plan breakdown against the fee cap sits on the Global Vision Research page on this site.
Signals in the firm’s own paperwork. The Refund Policy and the Terms and Conditions give two different answers on refunds. One disclosure page says analysts never hold positions in recommended stocks, and another says they might.
The Terms and Conditions tell clients to trade every single recommendation, and a clause names a private arbitrator chosen by the firm itself instead of SCORES or SMART ODR.
Every one of these contradictions, with the exact page and clause behind each, is documented on the page linked above.
Signals in reviews and complaint data. Two Google reviewers rated the firm one star, one describing payment made without any service delivered.
The firm’s own complaint table for one recent month shows zero complaints received but one marked resolved in the same row.
Both reviews, along with the full complaint tables, are covered in complete detail on the Global Vision Research reviews page on this site.
If your complaint involves a different Research Analyst entirely, the complaint against SEBI registered research analyst page on this site covers that broader process.
Not sure which platform your case against Global Vision Research actually belongs on?
We review your payment history against the fee cap and the red flags above, confirm which platform fits your situation, and prepare the filing for you.
Conclusion
Filing a complaint against Global Vision Research is not complicated once you know the order: document first, then SCORES, then SMART ODR, then arbitration if it comes to that.
The red flags rarely show up alone. A pricing breach, a contradicted clause, and a one star review often point to the same underlying pattern.
If any of this matches what happened to you, gather your documents and start with SCORES before the one year window closes.
Report. Recover. Stay FraudFree.
Frequently Asked Questions
Yes, in most cases you should raise the issue with the firm first. SCORES expects you to show that you already tried, and that the firm either rejected your complaint or never replied.
SEBI may reject a SCORES complaint filed more than one year after your loss occurred. If you are close to that deadline, file first and gather remaining documents afterward rather than waiting.
The conciliation stage is billed to Global Vision Research, not to you, regardless of the outcome. Arbitration fees, if the case reaches that stage, are shared between both sides based on your claim amount.
No. SMART ODR generally expects a prior attempt through SCORES or direct contact with the firm first. A dispute cannot skip straight to conciliation or arbitration.
A missed 21 day deadline does not close your case. It gives you grounds to request a review, and it becomes part of the record if the matter moves toward SMART ODR.
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