Withdrawing the exemption granted to the National Spot Exchange Ltd. from all forward contracts of one day duration for the sale and purchase of commodities traded on the National Spot Exchange Ltd and rescinding the notification number S.O. 906(E), dated the 5th June, 2007, with immediate effect: Section 27 of the Forward Contracts (Regulation) Act, 1952
No: 1996 Dated: Sep, 29 2014
The Central Govt. hereby withdraws the said exemption granted to the National Spot Exchange Ltd. and rescinds the notification number S.O. 906(E), dated the 5th June, 2007, with immediate effect.