The Depositories Act, 1996

PRELIMINARY

1. Short title, extent and commencement
2. Definitions

CERTIFICATE OF COMMENCEMENT OF BUSINESS

3. Certificate of commencement of business by depositories

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 bold 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.

ENQUIRY AND INSPECTION

18. Power of Board to call for information and inquiry
19. Power of Board to give directions in certain cases

PENALTY

20. Offences
21. Offences by companies

MISCELLANEOUS

22. Cognizance of offences by Courts
23. Appeals
23A. Appeal to Securities Appellate Tribunal
23B. Procedure and powers of Securities Appellate Tribunal
23C. Right to legal representation
23D. Limitation
23E. Civil court not to have jurisdiction
23F. Appeal to High 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

|| || || ||