Section 4 of the Depositories Act, 1996 – Agreement between depository and participant

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Section 4: Agreement between depository and participant

  • (1) A depository shall enter into an agreement with one or more participants as its agent.
  • (2) Every agreement under sub-section (1) shall be in such form as may be specified by the bye-laws.

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