Depositories Act, 1996

Chapter: I
PRELIMINARY
Section 1	:	Short title, extent and commencement.
Section 2	:	Definitions
Chapter: II
CERTIFICATE OF COMMENCEMENT OF BUSINESS
Section 3	:	Certificate of commencement of business by depositories
Chapter: III
RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS AND BENEFICIAL OWNERS
Section 4	:	Agreement between depository and participant
Section 5	:	Services of depository.
Section 6	:	Surrender of certificate of security.
Section 7	:	Registration of transfer of securities with depository.
Section 8	:	Options to receive security certificate or hold securities with depository
Section 9	:	Securities in depositories to be in fungible form
Section 10	:	Rights of depositories and beneficial owner
Section 11	:	Register of beneficial owner
Section 12	:	Pledge or hypothecation of securities held in a depository
Section 13	:	Furnishing of information and records by depository and issuer
Section 14	:	Option to opt out in respect of any security
Section 15	:	Act 18 of 1891 to apply to depositories.
Section 16	:	Depositories to indemnify loss in certain cases.
Section 17	:	Rights and obligations of depositories, etc.
Chapter: IV
ENQUIRY AND INSPECTION
Section 18	:	Power of Board to call for information and enquiry.
Section 19	:	Power of Board to give directions in certain cases
Section 19A	:	Penalty for failure to furnish information, return, etc.
Section 19B	:	Penalty for failure to enter into an agreement
Section 19C	:	Penalty for failure to redress investors’ grievances
Section 19D	:	Penalty for delay in dematerialisation or issue of certificate of securities
Section 19E	:	Penalty for failure to reconcile records
Section 19F	:	Penalty for failure to comply with directions issued by Board under section 19 of the Act.
Section 19FA	:	Penalty for failure to conduct business in a fair manner.
Section 19G	:	Penalty for contravention where no separate penalty has been provided
Section 19H	:	Power to adjudicate
Section 19I	:	Factors to be taken into account while adjudging quantum of penalty
Section 19IA	:	Settlement of Administrative Civil Proceedings.
Section 19IB	:	Recovery of amounts
Section 19IC	:	Continuance of proceedings
Section 19J	:	Crediting sums realised by way of penalties to Consolidated Fund of India
Chapter: V
MISCELLANEOUS
Section 20	:	Offences
Section 21	:	Contravention 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	:	Limitation
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	:	Amendments to certain enactments
Section 30A	:	Validation of certain acts
Section 31	:	Repeal and saving
SCHEDULE
SCHEDULE	:	AMENDMENTS TO CERTAIN ENACTMENTS