The Multi Commodity Exchange Clearing Corporation Limited (MCX) on December 17, 2024, notified regarding the Revised Penalty/Action for violation of Exchange guidelines by the Members.
The following has been stated namely: -
• It states that to ensure compliance with membership norms, the Exchange has revised disciplinary actions for non/late submission of half-yearly net worth certificates and net worth shortfall reporting, detailed in Annexure A.
• These provisions are effective immediately.
• It further states that the charges for delayed/non-submission of audited net worth certificates with annual returns remain unchanged.
Detailed notification is attached below.
[Notification no. - MCX/MEM/826/2024]
