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        Companies Law

        Clarification with regard to use of the words “ commodity Exchange” in a company-reg.

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        Commodity Exchange name usage requirement: firms must furnish a No Objection Certificate before using the term. Use of the words Commodity Exchange in a company's registered name is permitted only where the applicant furnishes a No Objection Certificate from the Forward Markets Commission; all other applicable requirements of the Companies (Incorporation) Rules, 2014 remain applicable. The NOC obligation also applies to companies registered with the words prior to the circular, which must produce the Forward Markets Commission certificate.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Commodity Exchange name usage requirement: firms must furnish a No Objection Certificate before using the term.

                                Use of the words Commodity Exchange in a company's registered name is permitted only where the applicant furnishes a No Objection Certificate from the Forward Markets Commission; all other applicable requirements of the Companies (Incorporation) Rules, 2014 remain applicable. The NOC obligation also applies to companies registered with the words prior to the circular, which must produce the Forward Markets Commission certificate.


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