The Depositories Act, 1996 (Bare Act)/ Universal Law Publishing

THE DEPOSITORIES ACT, 1996
PRELIMINARY
1. Short title, extent and commencemont
2. Definitions
CHAPTER II
CERTinCATE OF COMMENCEMENT OF BUSINESS 3. Certificate of commencement of business by depositories
CHAPTER m
RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTiaPANTS,
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. The Bankers' Books Evidence Act to apply to depositories 16. Depositories to Indenmify 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 19A. Penalty for failure to furnish information, return, etc. 19B. Penalty for failure to enter into an agreement 19C. Penalty for failure to redress Investors' grievances 19D. Penalty for delay in dematerialisation or issue of certificate of securities
19E. Penalty for failure to reconcile records
19F. Penally for failure to comply with directions issued by Board
under section 19 of the Act
19G. Penalty for ctJntravention where no separate penalty has been provided
19H. Power to adjudicate '
19-1. Factors to be taken into account by adjudicating officer
19J. Crediting sums realised by way of penalties to Consolidated Fund of India
20i Offences
21. Offences by companies
CHAPTER V
PENALTY
CHAPTER VI
MISCELLANEOUS
22. Cognizance of offences by courts
22A. Composition of certain offences
22B. Power to ^rant immunity
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 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.—AMENDMENTS TO CERTAIN ENACTMENTS
PART /.— AMENDMENT TO THE INDIAN STAMP ACT, 1899 (2 of 1899)
PART JI.~ AMENDMENTS TO THE COMPANIES ACT, 1956 (1 of 1956)
PART III.— AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 (42 of 1956) PART JV.— AMENDMENT TO THE INCOME-TAX ACT, 1961 (43 of 1961)
PART v.— AMENDMENT- TO THE BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 (45 of 1988)
PART VL—AMENDMENTS TO THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 (15 of 1992)

THE DEPOSITORIES (APPEAL TO THE CENTRAL
GOVERNMENT) RULES, 1998
1. Short title and commencement
2. Definitions
3. Form of appeal 4. Time within which appeal is to be preferred
5. Payment of fees
6. Contents of appeal
7. What to accompany Form
8. Filing of affidavits 9. Rights of appellant to appear before the Central Government
10. Authorising a representative to appear
11. Authori.satlon to be filed
12. Procedure for filing appeal
13. Furnishing of information and documents 14. Date and place of hearing of appeal to be communicated
15. blearing of appeal
16. Order by Central Government 17. Order to be signed and dated IB. Order to be communicated to the party
FORM.—Form of Appeal
Rules
THE DEPOSITORIES (APPEAL TO SECURITIES APPELLATE TRIBUNAL) RULES, 2000
1. Short title and commencement
2. Definitions
3. Limitation for filing an appeal 4. Form and procedure of appeal
5. Sittings of Appellate Tribunal 6. Language of Appellate Tribunal
Appeal to be in writing Presentation and scrutiny of memorandum of appeal
9. Payment of Fees
10. Contents of memorandum of appeal Documents to accompany memorandum of appeal
Plural remedies
13. Notice of appeal to the respondent , 14. Filing of reply to the appeal and other diKuments by the respondent
15. Date of hearing to be notified 16. Hearing of appeal 17. Dress regulations for the Presiding Officer, members and for the representative of the parties
18. Order to be signed and dated

19. Publication of orders
20. Communication of orders
21. Orders and directions in certain cases
22. Fee for inspection of records and obtaining copies thereof 23. Working hours of the Appellate Tribunal
24. Holiday
25. Functions of the Registrar
26. Additional functions and duties of Registrar
27. Seal and emblem
28.' Repeal and saving FORM—Memorandum of Appeal
THE DEPOSITORIES (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES BY ADJUDICATING OFFICER)
RULES, 2005
1. Short title and commencement
2. Definitions
3. Appointment of adjudicating officer for holding inquiry
4. Holding of inquiry
5. Order of the adjudicating officer
6. Copy of the Order
7. Service of notices and orders