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Trading and Clearing Undertaking (To be executed on Rs.600/ stamp paper duly notarized) This undertaking is executed at this day of, 20 Sign and Stamp of Member I / We, a company / Corporation incorporated
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Who needs pxil-trading clearing member undertakingv12docx:

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Individuals or entities who wish to become a clearing member with pxil-trading.
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Market participants or financial institutions who want to engage in clearing activities through pxil-trading.
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Any party who is required to fulfill the obligations mentioned in the undertakingv12docx in order to participate in pxil-trading as a clearing member.
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It is a document outlining the obligations and responsibilities of a clearing member participating in trading activities on the Power Exchange India Limited (PXIL) platform.
Clearing members participating in trading activities on the PXIL platform are required to file the pxil-trading clearing member undertakingv12docx.
The pxil-trading clearing member undertakingv12docx can be filled out by providing relevant information about the clearing member's obligations, responsibilities, and agreements with PXIL.
The purpose of pxil-trading clearing member undertakingv12docx is to ensure transparency and adherence to rules and regulations by clearing members participating in trading activities on the PXIL platform.
The pxil-trading clearing member undertakingv12docx must report information related to the clearing member's obligations, responsibilities, and agreements with PXIL.
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