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Get Form For Submitting Information Pertaining To Nsel - National Spot ...
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How to fill out the Form For Submitting Information Pertaining To NSEL - National Spot online
Filling out the Form For Submitting Information Pertaining To NSEL is an important process for individuals and entities involved in trading. This guide provides you with clear, step-by-step instructions to help you complete the form accurately and efficiently online.
Follow the steps to successfully complete the form online.
- Click 'Get Form' button to access the form and open it in the editor.
- Begin by entering the Member ID and Client ID in the designated fields. Make sure to provide accurate information as it is essential for identification purposes.
- Provide your full name as a member or client in the appropriate section. Ensure to double-check the spelling to avoid issues.
- Enter your Permanent Account Number (PAN No.) accurately in the respective field, as it is required for verification.
- Input your email address in the Email ID field to facilitate communication regarding your submission.
- Fill in your contact number, including both mobile and other contact numbers if applicable.
- Specify your contact address in the designated field. Make sure your address is complete for any correspondence.
- Indicate your type of entity by ticking the relevant box, whether you are an individual, partnership, or company, among other options.
- Answer the question regarding whether any amount deployed was borrowed from any trading member of NSEL. If yes, provide the trading member's name and the amount borrowed.
- Fill in the net amount receivable by you as pay-out as of 31st July 2013 from NSEL or its members, and write the amount in words as well.
- Respond to whether you have received all payouts declared by NSEL post 17th August 2013 through your broker by selecting 'Yes' or 'No.'
- Record the amount received as a part of special payout for claims under 10 lakhs, including a written amount in words.
- Enter the total amount you received post 17th August 2013 until 31st March 2015, ensuring that you also write this amount in words.
- Specify the net amount outstanding to be received by you as of 31st March 2015 from NSEL or its members, ensuring you provide the written amount in words.
- Indicate the place where you are completing the form, then sign the document where required, and include your designation.
- Complete the affirmation section before a Notary Public or Judicial Magistrate as required by your submission process.
- Review all sections for completeness and accuracy before saving, downloading, printing, or sharing the form as needed.
Take the next step and start filling out your form online today!
NSEL case relates to a payment default at the National Spot Exchange Limited that occurred in 2013 involving Financial Technologies India Ltd, when a payment default took place after a commodities market regulator, the Forward Markets Commission (FMC), directed NSEL to stop launching contracts.
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