Circular - Use of word Commodity Exchange in company name permitted with No Objection from FMC

General Circular No: 26/2014

No. 2/2/2014-CL-V

Government of India

Ministry of Corporate Affairs

5 ^th Floor, 'A Wing', Shastri Bhawan

Dr. R.P. Road, New Delhi- 110001

Dated: 27"' June, 2014

To

All Regional Directors

All Registrars of Companies,

All Stakeholders

Subject: Clarification with regard to use of the words "Commodity Exchange” in a company reg .

Sir,

In continuation   of this   Ministry's  circular no. 02/2014     dated   11.02.2014, it is hereby clarified the use of the word "Commodity Exchange" may be allowed only where a "No Objection Certificate" from the Forward Markets Commission (FMC) is furnished by the applicant. All other provisions of the Companies (Incorporation) Rules, 2014 will continue to be applicable.

2, It is also clarified that the certificate from Forward Markets Commission will also be required in cases of companies registered with the words "Commodity Exchange' before the issue of this circular.

3. This issues with the approval of competent authority

Your's faithfully

(KMS Narayanan)

Assistant Director (Policy)

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