Income Tax - 151. page

Act 18 of 1891 to apply to depositories. Section -15. The Bankers’ Books Evidence Act, 1891 shall apply in relation to a depository as if it were a bank as defined […]

Option to opt out in respect of any security : Section – 14 . (1) If a beneficial owner seeks to opt out of a depository in respect of any security he […]

Furnishing of information and records by depository and issuer : Section – 13. (1) Every depository shall furnish to the issuer information about the transfer of securities in the name of […]

Pledge or hypothecation of securities held in a depository : Section – 12 . (1) Subject to such regulations and bye-laws, as may be made in this behalf, a beneficial owner may with […]

Register of beneficial owner : Section  11 . Every depository shall maintain a register and an index of beneficial owners in the manner provided in sections 150, 151 and 152 of the […]

Rights of depositories and beneficial owner : Section – 10 . (1) Notwithstanding anything contained in any other law for the time being in force, a depository shall be deemed to be […]

Securities in depositories to be in fungible form : section – 9 . (1) All securities held by a depository shall be dematerialised and shall be in a fungible form. [(2) Nothing […]

Options to receive security certificate or hold securities with depository : Section – 8 . (1) Every person subscribing to securities offered by an issuer shall have the option either to receive […]

Registration of transfer of securities with depository  : Section –  7 . (1) Every depository shall, on receipt of intimation from a participant, register the transfer of security in the name of […]

Surrender of certificate of security : Section –  6. (1) Any person who has entered into an agreement under section 5 shall surrender the certificate of security, for which he seeks […]