Examples of Depositories Act in a sentence
Subject to the Central Depositories Act and the Rules, the instrument of transfer of a share must be signed by or on behalf of the transferor and transferee, and the transferor shall be deemed to remain the holder of the share until the name of the transferee is entered in the Register as a member in respect thereof.be deleted in its entirety and substituted with the following new Article 50:- 50.
Subject to these Articles, the Central Depositories Act and the Rules, all transfers of non-deposited and/or non-listed shares shall be effected by an instrument in writing in the form conforming with the Companies Act and approved by the Exchange.
The Depositories Act, 1996 and the Regulations and Bye-laws framed thereunder.
In case of Units are pledged through Central Depository System, payments of cash dividends or the issuance of bonus Units goes to the Pledgor as per Central Depositories Act.
An exempt authorised nominee refers to an authorised nominee defined under the Central Depositories Act which is exempted from compliance with the provisions of Section 25A(1) of the Central Depositories Act.