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Section25
The Depositories Act, 1996

Power of Board to make regulations

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

Section 25 of the Depositories Act, 1996 deals with power of Board to make regulations. Without prejudice to the provisions contained in section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board may, by notification in the Official Gazette, make regulations consistent with the provisions of this Act and the rules made thereunder to carry out the purpose The Act came into force on 20 Sep 1995.

(1) Without prejudice to the provisions contained in section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board may, by notification in the Official Gazette, make regulations consistent with the provisions of this Act and the rules made thereunder to carry out the purposes of this Act.

(2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for--

(a) the form in which record is to be maintained under clause (i) of sub-section (1) of section 2;

(b) the form in which the certificate of commencement of business shall be issued under sub-section (2) of section 3;

(c) the manner in which the certificate of security shall be surrendered under sub-section (1) of section 6;

(d) the manner of creating a pledge or hypothecation in respect of security owned by a beneficial owner under sub-section (1) of section 12;

(e) the conditions and the fees payable with respect to the issue of certificate of securities under sub-section (3) of section 14;

(f) the rights and obligations of the depositories, participants and the issuers under sub-section (1) of section 17;

(g) the eligibility criteria for admission of securities into the depository under sub-section (2) of section 17;

1 [(h) the terms determined by the Board for settlement of proceedings under sub-section (2) of section 19-IA;

(i) any other matter which is required to be, or may be, specified by regulations or in respect of which provision to be made by regulations.]

Section 25, 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.

This section refers to

  1. s. 2 Definitions
  2. s. 3 Certificate of commencement of business by depositories
  3. s. 6 Surrender of certificate of security
  4. s. 12 Pledge or hypothecation of securities held in a depository
  5. s. 14 Option to opt out in respect of any security
  6. s. 17 Rights and obligations of depositories, etc
  7. s. 19 Power of Board to give directions in certain cases
  8. Securities and Exchange Board of India Act s. 30 Power to make regulations

Questions about Section 25

What does Section 25 of the Depositories Act deal with?

Section 25 of the Depositories Act is headed "Power of Board to make regulations". Without prejudice to the provisions contained in section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board may, by notification in the Official Gazette, make regulations consistent with the provisions of this Act and the rules made thereunder to carry out the purpose

How do I find court cases under Section 25 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 25, section 25 Depositories Act 1996, section 25 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 25 of the Depositories Act, and has it changed?

Its own text turns on section 2 (Definitions), section 3 (Certificate of commencement of business by depositories), section 6 (Surrender of certificate of security), section 12 (Pledge or hypothecation of securities held in a depository), and on 4 further provisions, so none of them can safely be read on its own.

When did Section 25 of the Depositories Act come into force?

Section 25 of the Depositories Act, cited as Depositories Act 1996 25, 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.