General Circular No: 26/2014, Dated: 27th June, 2014
Subject: Clarification with regard to use of the words “Commodity Exchange” in a company-reg.
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.
Assistant Director (Policy)