sebi:WTM/AS/MIRSD/DOP/29858/2023-24
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Facts / Headnote
Certificate of registration of the Noticee suspended; Noticee declared not a 'fit and proper person'
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 27
- s. 12(3)
- s. 154
- s. 2(27)
- s. 80J
- s. 10(27)
- s. 29A
- s. 131B
- s. 29A(2)
- s. 14A
- s. 131
Regulations
- Reg. 6
- Reg. 25
- Reg. 27
- Reg. 23
- Reg. 7
- Reg. 28
- Reg. 26
- Reg. 28(1)
- Reg. 5(e)
- Reg. 27(1)
Parties
- Ray Trading Private Limited
Holding
The Noticee, Ray Trading Private Limited, is declared not a 'fit and proper person' and its certificate of registration as a commodity derivatives broker is suspended for a specified period, after which it may resume business.
Full text
___________________________________________________________________________________________________ Order in respect of Ray Trading Private Limited in the matter of National Spot Exchange Limited Page 2 of 36
___________________________________________________________________________________________________ Order in respect of Ray Trading Private Limited in the matter of National Spot Exchange Limited Page 3 of 36
___________________________________________________________________________________________________ Order in respect of Ray Trading Private Limited in the matter of National Spot Exchange Limited Page 4 of 36
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Source: SecMarx — sebi:WTM/AS/MIRSD/DOP/29858/2023-24. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.