Section24
The Depositories Act, 1996

Power of Central Government to make rules

In force From 20 Sep 1995 Act 22 of 1996 As on 15 Oct 2026

Act 22 of 1996 Ministry Finance Enacted 10 Aug 1996 In force 20 Sep 1995 Instruments 3

Section 24 of the Depositories Act, 1996 deals with power of Central Government to make rules. The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act. The Act came into force on 20 Sep 1995.

(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act.

(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:--

1 [(a) the manner of inquiry under sub-section (1) of section 19H;

(aa) the time within which an appeal may be preferred under sub-section (1) of section 23;]

(b) the form in which an appeal may be preferred under sub-section (3) of section 23 and the fees payable in respect of such appeal;

(c) the procedure for disposing of an appeal under sub-section (4) of section 23;

2 [(d) the form in which an appeal may be filed before the Securities Appellate Tribunal under section 23A and the fees payable in respect of such appeal.]

Section 24, 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.

Made under this section, and citing it

3 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

All subordinate legislation

Questions about Section 24

What does Section 24 of the Depositories Act deal with?

Section 24 of the Depositories Act is headed "Power of Central Government to make rules". The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act.

How do I find court cases under Section 24 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 24, section 24 Depositories Act 1996, section 24 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 24 of the Depositories Act, and has it changed?

Its own text turns on section 19H (Power to adjudicate), section 23 (Appeals), section 23A (Appeal to Securities Appellate Tribunal), so none of them can safely be read on its own. The rules and notifications made under it are where it actually bites, and there are 3: most recently the Depositories (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 2005. (2005), then the Depositories (Appeal to Securities Appellate Tribunal) Rules, 2000. (2000), and 1 more.

When did Section 24 of the Depositories Act come into force?

Section 24 of the Depositories Act, cited as Depositories Act 1996 24, 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

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.