India Pepper and Spice Trade Association

(Permanent recognition granted by Government of India)

IPSTA Trade Guarantee Fund Trust



As per the provisions of Section 18 of the IPSTA Memorandum of Association :-

To guarantee the performance of the transactions in forward contracts in pepper and all the commodities, instruments and such other items as may be permitted by the Government of India from time to time in the Domestic Division of the Association through a Trust Fund created for the above specific purpose to call to be administered by a separate trust or otherwise for facilitating the financial, physical or such other performance as may be required under the contracts for transactions entered into by the members on their behalf and/or on behalf of registered non-members in the forward contracts in pepper and all other commodities in the Domestic Division of the Association ; to invest in, establish, regulate and maintain Trading Rings and Clearing Houses for the purpose of dealing with the transactions in forward and other contracts in pepper and all other commodities ;and to regulate and control and admission to the Trading Rings and the clearing Houses and to prohibit the users thereof and to determine the nature and time of such users whether for the general body or for particular classes or any individual or firm of company using the clearing Houses and /or the Trading Rings.