Spices Board to Cancel Koko Spices’ Licence Over Repeated Cardamom Auction Violations: Regulator sets 15-day deadline for growers to submit pending claims

Kochi:The Spices Board has decided to cancel the Cardamom E-auctioneer licence of M/s Koko Spices Pvt. Ltd. (Registration No. 50013), citing repeated violations of the Cardamom (Marketing & Licensing) Rules, 1987.

The 2023–2026 licence is being revoked as the firm ignored multiple regulatory notices. The violations disrupted lawful trading and affected authorised auctioneers and cardamom growers.

Before the cancellation, the Board has invited cardamom growers and dealers with pending dues or claims against the firm to submit them in writing to the Director (Marketing), along with supporting documents, within 15 days. Claims received after the deadline will not be considered. Authorities will cancel the licence and release the company’s bank guarantee after reviewing the submissions.