Notice No20190207-42Notice Date07 Feb 2019
SubjectDebarment of Individual client from trading for failure to refund the money released from MCX IPF.

Trading members are hereby informed that the Exchange is in receipt of communication dated February 6, 2019 from Multi Commodity Exchange of India Limited inter-alia informing that entity mentioned below is registered as a client with one of the Member of MCX.

The said client was released an Interim Relief of Rs.1,50,000/- from MCX IPF, which he is required to refund in terms of SEBI Circular no. CIR/MRD/ICC/30/2013 dated September 26, 2013 as the Arbitral Award is against the said client. However, despite of several follow-ups, he failed to do so.


Sr. No.

Name of client



A N Jayramamurthy



MCX has requested the Exchange not to allow the said entity to trade till the time he refunds the amount back to MCXIPF.

In the circumstances, the Exchange has decided to debar the aforesaid entity from trading as provided under Clause 2(i) (ix) & (x) of SEBI Circular No. CIR/MRD/ICC/30/2013 dated September 26, 2013.


All the members are requested to take note of the same.



Gopalkrishnan Iyer                                                                        Hemant Dharap

CGM                                                                                                   DGM