Section 17 of the Depositories Act, 1996 – Rights and obligations of depositories, etc

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Section 17: Rights and obligations of depositories, etc

  • (1) Subject to the provisions of this Act, the rights and obligations of the depositories, participants and the issuers whose securities are dealt with by a depository shall be specified by the regulations.
  • (2) The eligibility criteria for admission of securities into the depository shall be specified by the regulations.

Source: official text of The Depositories Act, 1996 as published on India Code (PDF). All sections of the Depositories Act, 1996.

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