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Depositories Act, 1996
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SECTIONS
Depositories Act, 1996
As amended upto date
Preamble
CHAPTER I : PRELIMINARY
1.
Short title extent and commencement
2.
Definitions
CHAPTER II : CERTIFICATE OF COMMENCEMENT OF BUSINESS
3.
Certificate of commencement of business by depositories
CHAPTER III : RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS AND BENEFICIAL OWNERS
4.
Agreement between depository and participant
5.
Services of depository
6.
Surrender of certificate of security
7.
Registration of transfer of securities with depository
8.
Options to receive security certificate or hold securities with depository
9.
Securities in depositories to be in fungible form
10.
Rights of depositories and beneficial owner
11.
Register of beneficial owner
12.
Pledge or hypothecation of securities held in a depository
13.
Furnishing of information and records by depository and issuer
14.
Option to opt out in respect of any security
15.
Act 18 of 1891 to apply to depositories
16.
Depositories to indemnify loss in certain cases
17.
Rights and obligations of depositories, etc
CHAPTER IV : ENQUIRY AND INSPECTION
18.
Power of board to call for information and enquiry
19.
Power of board to give directions in certain cases
19-A.
Penalty for failure to furnish information, return, etc
19-B.
Penalty for failure to enter into an agreement
19-C.
Penalty for failure to redress investors' grievances
19-D.
Penalty for delay in dematerialisation or issue of certificate of securities
19-E.
Penalty for failure to reconcile records
19-F.
Penalty for failure to comply with directions issued by Board under section 19 of the Act
19-G.
Penalty for contravention where no separate penalty has been provided
19-H.
Power to adjudicate
19-I.
Factors to be taken into account by adjudicating officer
19-J.
Crediting sums realized by way of penalties to Consolidated Fund of India
CHAPTER V : PENALTY
20.
Offences
21.
Offences by companies
CHAPTER VI : MISCELLANEOUS
22.
Cognizance of offences by courts
22-A.
Composition of certain offences
22-B.
Power to grant immunity
23.
Appeals
23-A.
Appeal to securities Appellate Tribunal
23-B.
Procedure and powers of Securities Appellate Tribunal
23-C.
Right ot legal representation
23-D.
Limitation
23-E.
Civil court not to have jurisdiction
23-F.
Appeal to Supreme Court
24.
Power of Central Government to make rules
25.
Power of board to make regulations
26.
Power of depositories to make bye-laws
27.
Rules and regulations to be laid before parliament
28.
Application of other laws not barred
29.
Removal of difficulties
30.
Amendments to certain enactments
31.
Repeal and saving
THE SCHEDULE
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