Clarification with regard to use of the words "Commodity Exchange" in a company-reg.

General Circular No: 26 2014

No. 2/2/2014-CL-V
Government of India
Ministry of Corporate Affairs

5th Floor, IA Wing’, Shastri Bhawan, Dr. R.P. Road, New Delhi – 110001 Dated: 27th June, 2014

To

All Regional Directors,

All Registrars of Companies, All Stakeholders.

Subject: Clarification with regard to use of the words “Commodity Exchange” in a company-reg.

Sir,

In continuation of this Ministry’s circular no. 02/2014 dated 11.02.2014, it is hereby clarified the use of the word “Commodity Exchange”may be allowed only where a “No Objection Certificate” from the Forward Markets Commission (FMC) is furnished by the applicant. All other provisions of the Companies (Incorporation) Rules, 2014 will continue to be applicable.

21 It is also clarified that the certificate from Forward Markets Commission will also be required in cases of companies registered with the words “Commodity Exchange before the issue of this circular.

3. This issues with the approval of competent authority.

Your’s faithfully

(KMSNarayanan)
Assistant Director (Policy)
23387263

1)E-Governance Cell and Web Contents Officer to place this Circular on Ministry’s Website.

2) Guard File