sebi:WTM/ASB/MIRSD/DOP/29777/2023-24
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Certificate of Registration (INZ000032937) of Anugrah Commodities Pvt. Ltd. as a commodities derivatives broker suspended for three months from the date of the Order or till disposal of the FIR filed with EOW, whichever is later.
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 12
- s. 27
- s. 154
Regulations
- Reg. 6
- Reg. 9
- Reg. 28
- Reg. 27
- Reg. 5(e)
Parties
- Anugrah Commodities Pvt. Ltd.
Holding
The Noticee, Anugrah Commodities Pvt. Ltd., failed to satisfy the 'fit and proper person' criteria under Schedule II of the Intermediaries Regulations by facilitating trading in 'paired contracts' on NSEL and by virtue of a pending criminal complaint filed by SEBI with EOW. Its Certificate of Registration as a commodities derivatives broker was suspended for three months or until disposal of the FIR, whichever is later.
Full text
________________________________________________________________________________________ Order in respect of Anugrah Commodities Pvt. Ltd. in the matter of National Spot Exchange Ltd.
________________________________________________________________________________________ Order in respect of Anugrah Commodities Pvt. Ltd. in the matter of National Spot Exchange Ltd.
________________________________________________________________________________________ Order in respect of Anugrah Commodities Pvt. Ltd. in the matter of National Spot Exchange Ltd.
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:WTM/ASB/MIRSD/DOP/29777/2023-24. 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.