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NOTICES
Notice No.   20240328-22   Notice Date   28 Mar 2024
Category   Others   Segment   General
Subject   Restriction on use of certain words by Trading Member/Authorized Person in their name
 
Content

This is in continuation to Exchange notice no. 20230317-26 dated 17th March 2023 regarding restriction on use of certain words by Trading Member/Authorized Person in their name as the name should reflect the registration held by the entity and should not in any way create an impression of performing a role for which the entity is not registered. 

Exchange vide notice no. 20240322-10 dated 22nd March 2024 had advised Members to change their name or the name of their registered Authorized Persons if it contained restricted words indicating a role for which the entity is not registered. This change was required to be made with the Registrar of Companies (ROC)/Registrar of Firms (ROF) and also updated in Exchange records by 31st March, 2024. 

It has come to our attention that Members and Authorized Persons are currently in the process of executing these changes with the ROC/ROF.

In view of the above, considering the ongoing efforts, the timeline for changing their name with ROC/ROF and updating it in Exchange records has been extended up to 30th June 2024.

Members are advised to ensure compliance within this extended timeframe.

 

Johnson Chiriyath                                                            Amit Kadam

Additional General Manager                                              Asst. General Manager

Membership Operations &                                                Membership Operations &

Membership Compliance                                                  Membership Compliance