SEBI withdraws Permanent Recognition granted to Indian Commodity Exchange Ltd. – The Securities and Exchange Board of India has withdrawn the recognition granted to the Indian Commodity Exchange Limited in the exercise of the powers conferred under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956.
- It requested to set aside adequate assets to cover any claims, clear any outstanding Sebi debts, and pay Sebi registration costs in accordance with broker standards.
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