Circular No: NCDEX/COMPLIANCE-004/2012/039 Date: February 02, 2012
Trading and Clearing Members are hereby informed that the Forward Markets Commission (FMC) has passed Order dated 31st January, 2012 against the following member:
1. M/s Hindustan Technosol Pvt Ltd (TMID – 00170) (NCDEX/TCM/CORP/0285) (PAN No: AAACH6025K). The Order passed by the Commission is reproduced below:
A. M/s Hindustan Technosol Pvt. Ltd. a member of the Commodity Derivative Exchanges(s) Viz. NCDEX, MCX, NMCE and ACEL is hereby suspended from its membership of the above Commodity Derivatives Exchange(s) for a period of six months from the date of this Order.
B. The Directors of M/s Hindustan Technosol Pvt. Ltd. viz. Tara Chand Kanoongo (PAN: AHCPK7192E), Ghanshyam Das Kanoongo (PAN:ABFPK9076J), Ravi Kant Kanoongo (PAN:ACQPK2725G) and Shashikant Kanoongo (PAN:ACQPK2726F) are hereby prohibited from entering into any forward contract for sale or purchase in their own name or through another member of recognized association of any goods or class of goods for a period of six months from the date of this Order.
Members are requested to take note of the above.
For and on behalf of
National Commodity & Derivatives Exchange Limited
Jayant Nalawade
Executive Vice President – Exchange Operations
For further information / clarifications, please contact
1. Customer Service Group on phone: 022 6640 6613 -15, 011 2334 4795
2. Customer Service Group by e-mail to : askus@ncdex.com
