Circular No.: MCX/T&S/045/2012 February 2, 2012
This is to bring to the notice of all members of the Exchange that the Forward Markets Commission (FMC) has passed an Order dated January 31, 2012 against Hindustan Technosol Pvt. Ltd. as under:
I. M/s Hindustan Technosol Pvt. Ltd ., a member of the Commodity Derivative Exchange(s) viz MCX, NCDEX, NMCE and ACEL is hereby suspended from the membership of the above Commodity Derivative Exchange(s) for a period of six months from the date of this Order.
II. The Directors of M/s Hindustan Technosol Pvt. Ltd. are hereby prohibited from entering into any forward contract for sale or purchase in their own name or through another member of recognised association of any goods or class of goods for a period of six months from the date of this Order.
All the members are advised to take a note of the above Order of the Commission and ensure strict compliance thereof.
M. Ramalingam
Vice President
Kindly contact Mr. Dhawal Shah on 022 – 6649 4000 or send an email at customersupport@mcxindia.com for further clarification.
