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  • Bhatinda Om & Oil Exchange Recognition Lapsed

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    tarun.mitra19854923
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    The Forward Markets Commission announced that the recognition of Bhatinda Om & Oil Exchange Ltd. as an association authorized to conduct futures trading in gur has lapsed. The exchange was originally recognized by the government from April 2007 to March 2010, but its recognition expired on March 31, 2010 and was not renewed. As a result, Bhatinda Om & Oil Exchange Ltd. is no longer legally able to facilitate futures trading in gur.

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    Press Release Bhatinda

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    The Forward Markets Commission announced that the recognition of Bhatinda Om & Oil Exchange Ltd. as an association authorized to conduct futures trading in gur has lapsed. The exchange was originally recognized by the government from April 2007 to March 2010, but its recognition expired on March 31, 2010 and was not renewed. As a result, Bhatinda Om & Oil Exchange Ltd. is no longer legally able to facilitate futures trading in gur.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    50 views1 page

    Bhatinda Om & Oil Exchange Recognition Lapsed

    Uploaded by

    tarun.mitra19854923
    The Forward Markets Commission announced that the recognition of Bhatinda Om & Oil Exchange Ltd. as an association authorized to conduct futures trading in gur has lapsed. The exchange was originally recognized by the government from April 2007 to March 2010, but its recognition expired on March 31, 2010 and was not renewed. As a result, Bhatinda Om & Oil Exchange Ltd. is no longer legally able to facilitate futures trading in gur.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    PRESS NOTE

    General public and trade bodies are hereby informed that the Bhatinda Om & Oil
    Exchange Ltd., Bhatinda having its office at Gali No. 6, Broker’s Park, 1st Floor, 1815,
    New Basti, Bhatinda – 151001was given recognition by the Government of India vide
    Notification S.O.320(E) dated 5th March,2007 in exercise of powers conferred under
    Section 6 of the Forward Contracts (Regulation) Act,1952(74 of 1952). The said
    recognition was given for a period of 3 years for the period from 1 st April,2007 to 31st
    March,2010 for conducting futures trading in Gur. Recognition to Bhatinda Om & Oil
    Exchange Ltd., Bhatinda lapsed on 31st March, 2010. Bhatinda Om & Oil Exchange is,
    therefore, no longer an association recognized for forward trading in Gur.

    _______________________
    Dated the 13th May,2010
    Forward Markets Commission
    ‘ Everest’, 3rd Floor,
    100,Marine Drive,
    Mumbai- 400002

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