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FORMAT OF NO OBJECTION CERTIFICATE (NOC) TO BE SUBMITTED BY EXISTING CLEARING MEMBER IN CASE OF CHANGE IN CLEARING MEMBER BY THE NRI CLIENT

(to be given by the clearing member on the letter head)

Date:

To,

National Securities Clearing Corporation Limited

Futures & Options Segment

4^th  Floor, Exchange Plaza,

Bandra Kurla Complex,

Bandra (East), Mumbai - 400 051.

CM Code:____________

CM Name: ____________________

 Dear Sir,

Sub:  NOC for change of Clearing Member by NRI client

Our NRI client …………………. to whom CP code …………… has been allotted, vide letter no… dated…… has requested for termination of affiliation with us as their Clearing Member with effect from……... We wish to inform you that the client ………….. may clear their derivatives trades through any other Clearing Member and we have no objection for the same. Copy of the letter from the NRI client is enclosed.

Thanking You, 

 Yours faithfully,

For_____________________

  _____________(Name)

______________(Designation)

 Encl: as above