Depositories Act
The Depositories Act, '1996' is an act of the Parliament of India. It provides the legal framework for the regulation of depositories in India, which hold securities in dematerialized form, and for matters related to them.
It aims to simplify securities ownership transfer, reduce paperwork, and enhance transparency and investor trust in the securities market.
Amendments
It is amended by various acts over the years, which includes the following:| Amending Act | Amendment |
| Depositories Related Laws Act, 1997 | substituted sub-section 2 of sec. 9 |
| Securities Laws Act, 1999 | definition for “Securities Appellate Tribunal”, amendment in sec. 23, inserted sec. 23A |
| Repealing and Amending Act, 2001 | Rep. sec. 30 and sched. |
| Securities Laws Act, 2004 | |
| Securities Laws Act, 2014 | |
| Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions Act, 2016 | |
| Finance Act, 2017 | |
| Finance Act, 2018 | |
| International Financial Services Centres Authority Act, 2019 |