Options to receive security certificate or hold securities with depository
Section 8 of the Depositories Act, 1996 deals with options to receive security certificate or hold securities with depository. Every person subscribing to securities offered by an issuer shall have the option either to receive the security certificates or hold securities with a depository. The Act came into force on 20 Sep 1995.
(1) Every person subscribing to securities offered by an issuer shall have the option either to receive the security certificates or hold securities with a depository.
(2) Where a person opts to hold a security with a depository, the issuer shall intimate such depository the details of allotment of the security, and on receipt of such information the depository shall enter in its records the name of the allottee as the beneficial owner of that security.
Section 8, 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 8
What does Section 8 of the Depositories Act deal with?
Section 8 of the Depositories Act is headed "Options to receive security certificate or hold securities with depository". Every person subscribing to securities offered by an issuer shall have the option either to receive the security certificates or hold securities with a depository.
How do I find court cases under Section 8 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 8, section 8 Depositories Act 1996, section 8 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 8 of the Depositories Act, and has it changed?
3 other provisions in this corpus refer back to it.
When did Section 8 of the Depositories Act come into force?
Section 8 of the Depositories Act, cited as Depositories Act 1996 8, 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 17 Oct 2026. This page is not a substitute for legal advice.