Kochi, Aug. 21 -- The Spices Board has cautioned the public and stakeholders against participating in unauthorized cardamom auctions, warning that such activities violate the Cardamom (Licensing & Marketing) Rules, 1987, and will attract strict legal action.
The Board said certain firms and entities, including some licensed dealers, have been conducting auctions without obtaining valid authorization.
As per the CLM Rules, only individuals or entities with a valid licence from the Spices Board can function as auctioneers or dealers. Licensed auctioneers are permitted to conduct auctions only at locations, dates, and times approved by the Board.
"These illegal activities not only undermine transparency and fair trade but also cause financi...