Factors to be taken into account by adjudicating officer
Section 19-I of the Depositories Act, 1996 deals with factors to be taken into account by adjudicating officer. While adjudging adjudging the quantum of penalty under [section 19 or section 19H, the Board or the adjudicating officer] shall have due regard to the following factors, namely:-- (a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default; The Act came into force on 20 Sep 1995.
19-I. 1 [Factors to be taken into account while adjudging quantum of penalty].--While adjudging adjudging the quantum of penalty under 2 [section 19 or section 19H, the Board or the adjudicating officer] shall have due regard to the following factors, namely:--
(a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default;
(b) the amount of loss caused to an investor or group of investors as a result of the default;
(c) the repetitive nature of the default.
3 [Explanation.--For the removal of doubts, it is clarified that the power of 4 *** to adjudge the quantum of penalty under sections 19A to 19F shall be and shall always be deemed to have been exercised under the provisions of this section.]
Section 19-I, The Depositories Act, 1996 (Act 22 of 1996).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 19-I
What does Section 19-I of the Depositories Act deal with?
Section 19-I of the Depositories Act is headed "Factors to be taken into account by adjudicating officer". 19-I. [Factors to be taken into account while adjudging quantum of penalty].--While adjudging adjudging the quantum of penalty under [section 19 or section 19H, the Board or the adjudicating officer] shall have due regard to the following factors, namely:-- (a) the amount of disproportionate gain or
How do I find court cases under Section 19-I of the Depositories Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Depositories Act 1996 19-I, section 19-I Depositories Act 1996, section 19-I of the Depositories Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 19-I of the Depositories Act, and has it changed?
Its own text turns on section 19 (Power of Board to give directions in certain cases), section 19A (Penalty for failure to furnish information, return, etc), section 19F (Penalty for failure to comply with directions issued by Board under section 19 of the Act), section 19H (Power to adjudicate), so none of them can safely be read on its own.
When did Section 19-I of the Depositories Act come into force?
Section 19-I of the Depositories Act, cited as Depositories Act 1996 19-I, came into force on 20 Sep 1995, having been enacted on 10 Aug 1996. It is in force as at the date shown on this page.
Other sections of this Act
- 19-IB. Recovery of amounts590 words
- 19-IC. Continuance of proceedings382 words
- 26. Power of depositories to make bye-laws377 words
- 2. Definitions349 words
- 19H. Power to adjudicate314 words
- 23A. Appeal to Securities Appellate Tribunal284 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.