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NATIONAL COMMODITY & DERIVATIVES EXCHANGE LIMITED Circular to all trading and clearing members of the Exchange Circular No: NEDEX/OPERATIONS012/2006/095 Date: April 18, 2006, Subject: New formats

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Who needs bg invocation - ncdex:

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Individuals or entities who are engaged in trading or investing in commodities on the National Commodity and Derivatives Exchange (NCDEX) may need bg invocation - ncdex.

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Traders or investors who are required to provide a bank guarantee as a form of security or collateral for their trading activities on the NCDEX platform may need to fill out the bg invocation - ncdex form.

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It is essential for traders or investors who wish to invoke their bank guarantee or claim their funds in case of non-compliance, default, or any other specified circumstances to fill out the bg invocation - ncdex form.

Note: It is advisable to consult the official website or contact the NCDEX authority directly to obtain accurate and up-to-date information regarding the necessity and process of filling out the bg invocation - ncdex form specific to your situation.

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What is bg invocation - ncdex?

Bg invocation - ncdex refers to the process of invoking a bank guarantee on the NCDEX platform.

Who is required to file bg invocation - ncdex?

The party who has the rights to invoke the bank guarantee is required to file bg invocation - ncdex.

How to fill out bg invocation - ncdex?

To fill out bg invocation - ncdex, the invoking party must provide the necessary details of the bank guarantee and the reason for invoking it.

What is the purpose of bg invocation - ncdex?

The purpose of bg invocation - ncdex is to claim the funds from the bank guarantee in case of default by the counterparty.

What information must be reported on bg invocation - ncdex?

The information to be reported on bg invocation - ncdex includes details of the bank guarantee, the reason for invocation, and any supporting documentation.

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