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The Depositories Act, 1996

60 sections · 5 chapters · 1 schedules

- Section 1 Short title, extent and commencement.
- Section 2 Definitions.
- Section 3 Certificate of commencement of business by depositories.
- Section 20 Offences
- Section 21 Offences by companies.
Section 22 Cognizance of offences by courts
Section 22A Composition of certain offences.
Section 22B Power to grant immunity.
Section 22C Establishment of Special Courts
Section 22D Offences triable by Special Courts
Section 22E Appeal and revision
Section 22F Application of Code to proceedings before Special Court
Section 22G Transitional provisions.
Section 23 Appeals.
Section 23A Appeal to Securities Appellate Tribunal.
Section 23B Procedure and powers of Securities Appellate Tribunal.
Section 23C Right to legal representation.
Section 23D Limitations.
Section 23E Civil Court not to have jurisdiction
Section 23F Appeal to Supreme Court
Section 23G Powers of Board not to apply to International Financial Services Centre.
Section 24 Power of Central Government to make rules.
Section 25 Power of Board to make regulations.
Section 26 Power of depositories to make bye-laws.
Section 27 Rules and regulations to be laid before Parliament.
Section 28 Application of other laws not barred.
Section 29 Removal of difficulties
Section 30 Repealed..
Section 30A Validation of certain acts.
Section 31 Repeal and saving.
Schedule 1 THE SCHEDULE

The Depositories Act, 1996

Corporate1996Central Act

The Depositories Act, 1996

An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.

Administered by Department of Economic Affairs· Ministry of Finance

5

Chapters

0

Parts

1

Schedules

60

Sections

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Chapter I— PRELIMINARY

Section 1
Section 2

Chapter II— CERTIFICATE OF COMMENCEMENT OF BUSINESS

Section 3

Chapter III— RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS AND BENEFICIAL OWNERS

Section 4
Section 5
Section 6
Section 7
Section 8
Section 9
Section 10
Section 11
Section 12
Section 13
Section 14
Section 15
Section 16
Section 17

Chapter IV— ENQUIRY AND INSPECTION

Section 18
Section 19
Section 19A
Section 19B
Section 19C
Section 19D
Section 19E
Section 19F
Section 19FA
Section 19G
Section 19H
Section 19-I
Section 19-IA
Section 19-IB
Section 19-IC
Section 19J

Chapter V— MISCELLANEOUS

Section 20
Section 21
Section 22
Section 22A
Section 22B
Section 22C
Section 22D
Section 22E
Section 22F
Section 22G
Section 23
Section 23A
Section 23B
Section 23C
Section 23D
Section 23E
Section 23F
Section 23G
Section 24
Section 25
Section 26
Section 27
Section 28
Section 29
Section 30
Section 30A
Section 31