sebi:WTM/SM/MIRSD/DOP/16290/2022-23
Facts / Headnote
Certificate of registration as commodity derivatives broker (INZ000033238) cancelled; Noticee directed to inform existing clients and allow withdrawal/transfer of securities and funds within 60 days
Provisions invoked
- s. 19
- s. 12
- s. 27
- s. 21
- s. 3(2)
- s. 131B
- s. 396
Regulations relied on
- SEBI (Intermediaries) Regulations, 2008
- SEBI (Intermediaries) Regulations, 2008 — 27
- SEBI (Stock Brokers) Regulations, 1992
- SEBI (Stock Brokers) Regulations, 1992 — 5(e)
- SEBI (Stock Brokers) Regulations, 1992 — 9(b)
- SEBI (Stock Brokers) Regulations, 1992 — 9(f)
Parties
- Alpha Commodity Pvt. Ltd.
Holding
The Noticee (Alpha Commodity Pvt. Ltd.) is not a 'fit and proper' person to continue holding its registration as a commodity derivatives broker, and its continuance would be detrimental to the interest of the securities market, warranting cancellation of its certificate of registration.
Full text
__________________________________________________________________________________________ Final Order in respect of Alpha Commodity Pvt. Ltd. in the matter of National Spot Exchange Limited Page 2 of 35
__________________________________________________________________________________________ Final Order in respect of Alpha Commodity Pvt. Ltd. in the matter of National Spot Exchange Limited Page 3 of 35
__________________________________________________________________________________________ Final Order in respect of Alpha Commodity Pvt. Ltd. in the matter of National Spot Exchange Limited Page 4 of 35
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/SM/MIRSD/DOP/16290/2022-23. 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.