GUIDELINES FOR VOLUNTARY SURRENDER OF AUTHORISED PERSON

Cancellation Documents
Sr.
No.
1
2

3
4
4

Sr.
No.
1

Documents Required

Submitt
ed

Original letter of the Authorised Person addressed to main

broker requesting for cancellation of registration on the
Letter -head. (Do not fill any of the columns)
Copy of Board resolution in case of AP is corporate for
cancellation of AP (Should be signed by all Directors)
or Copy of Authority Letter in case of Partnership/ LLP for
cancellation of AP (Should be signed by all Partners)
No Objection certificate to transfer the clients
Details required for shifting of clients
Ledger Balance Confirmation from all clients

Particulars of Exchange processing fees & other expenses for

cancellation of registration
For Authorised Person Cancellation : Processing fees is Rs. 570.00/inclusive of service tax @ 14% (for MCX segment)

(On the letter head of Authorised Person)

To,
Compliance Officer,
Emkay Commotrade Limited,
C-06, Ground Floor, Paragon Centre,
Pandurang Budhkar Marg, Worli,
Mumbai 400 013.
Sub: Cancellation of Authorised Person Registration _______________________
(Authorised Persons)
Dear Sir,
With reference to the captioned subject, I/We hereby apply for cancellation of
my/our registration as Authorised Person. I further wish to inform you that I/we do
not wish to change my/our affiliation as a Authorised Person from Emkay
Commotrade Ltd. to any other Member/ Broker.
Kindly process our application for Cancellation of registration at the earliest, as I not
wish to continue commodity business.
Thanking you,

(Authorised Persons name)

Date:

Annexure IV
(Format of NOC for transfer of Clients as mentioned in point 7 and 13 of
Simplified Operating Procedure for closure of a Franchisee/Branch)
To,
Emkay Commotrade ltd,
Mumbai.
From,

Sub : No Objection for transfer of clients

Dear Sir,
I, _________ is operating as a franchisee since _______ at _______ having franchisee
code as __________. As my franchisee is closed/in the process of closure, I have no
objection to transfer my clients to your Branch.
Thanking you
Signature: ___________________
Name :
Franchisee Code
Place :
Date :

Details required from franchise to transfer the clients:-

Franchise Closure Date

Client will be shifted from
Shifted to Branch code &
name
Shifted to Branch address
Contact Person of Branch
E-mail id of Branch
Contact No. of Branch
Mobile No. of Branch
Manager