NSEL Paired Contracts: Matalia Commodities, Proprietor Barred from Applying for Registration with SEBI for 3 Months

Market regulator Securities and Exchange Board of India (SEBI), while rejecting the registration application, has barred Matalia Commodities and its proprietor Deepak C Matalia, from filing a fresh application for registration for the next three months. Matalia Commodities was found to be involved in the sale of paired contracts on the now-defunct National Spot Exchange (NSEL).

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