Judgment Search Results Home > Cases Phrase: depositories act 1996 22 of 1996 section 5 services ofdepository Page 12 of about 408 results (0.106 seconds)

Rosen Vs. United States

Court : US Supreme Court

..... stolen did not reach the manual possession of the persons to whom they were addressed, but were taken from an authorized depository over which the act of congress, by its express terms, extended its protection until its function had been served. ..... which has not reached the manual possession of the addressee, but lies in a private letter box, designated as an authorized depository under the federal law, where it has been placed by the delivering earlier, is still subject to the protective power of ..... 470 held that the competency of witnesses in criminal trials in united states courts must be determined by the rules of evidence which were in force in the respective states when the judiciary act of 1789 was passed, and the argument in this case is that, by the common law as it was administered in new york in 1789, a person found guilty of forgery and sentenced was thereby rendered incompetent as ..... delivery of mail matter all letter boxes and other receptacles which are so used or intended on city delivery or other mail route, a privately owned box coming within such designation is an "authorized depository for mail matter" within the meaning of the penal section, and a theft of letter from such a box is punishable as the ..... section 161 of the revised statutes of the united states provides: "the head of each department is authorized to prescribe regulations, not inconsistent with law, for the government of his department, the conduct of ..... section 194 provides that: "whoever shall steal, take, .....

Religare Securities Limited Vs. Securities and Exchange Board of India

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... appellant furnished its explanation on each count and on a consideration thereof, the board decided to initiate adjudication proceedings against it for violating the provisions of the securities and exchange board of india act, 1992, the depositories act, 1996 and the regulations framed thereunder. ..... board carried out inspection of the records of the appellant from september 24, 2007 to october 4, 2007 both in relation to its stock broking activities and depository participant activities for the financial years 2005-06 to 2007-08. ..... appellant before us is a company registered under the provisions of the companies act, 1956 and is registered with the securities and exchange board of india (for short the board) as a stock broker and also as a participant with the two depositories. ..... entire material on record, the adjudicating officer concluded that the appellant had breached the procedures in regard to the maintenance of records in two matters pertaining to its broking activities and another seven in regard to its depository participant operations. ..... found a large number of deficiencies/ irregularities committed by the appellant in the maintenance of its records and it submitted to the board two separate reports, one relating to stock broking activities and the other in relation to depository participant operations. ..... claims that it is offering equity broking services to more than half a million clients using both offline and online platforms and also offers depository participant services. .....

Sebi Vs. Continental Construction Ltd.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... pursuant to the information provided by the depository, sebi issued a show cause notice dated 09.02.04 to ccl advising it to show cause as to why appropriate directions under section 19 of the depositories act, 1996be not issued against it for violating the provisions of regulation 53 read with regulation 54(5) of sebi (depositories and participants) regulation, 1996 and the depositories act, 1996.3. ..... in view of the same, i am of the considered view that no adverse directions under section 19 of depositories act, 1996 need be issued against continental construction ltd. ..... due to this, the work in the share section was at standstill as lot of persons in the section had resigned and practically for a major period there was nobody to look to the matters of handling the shares. ..... the national securities depository ltd. ..... (nsdl)/ central depository services ltd. .....

Sebi Vs. Mukesh Babu Securities Ltd.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... rejected for the reasons stated herein above.4.1 therefore, in exercise of the powers conferred to upon me in terms of section 19 of sebi act, 1992 read with regulation 13 (4) of the enquiry regulations and regulation 24 of sebi (depositories and participants) regulations, 1996, i hereby conclude the enquiry proceedings as above and reject the application dated march 26, 2004 submitted by cdsl for renewal of registration of mbsl ..... march 28, 2006.2.2 enquiry officer in his report while noting that cdsl vide its letter dated march 26, 2004 forwarded to sebi an application for renewal of certificate of registration of mbsl as its depository participant, found mbsl not a fit and proper person to act as a depository participant in terms of regulation 3(2)(f) and 3(2)(h) of fit and proper person regulations in view of the alleged involvement of mbsl in mmcb scam.2.3 in terms of regulation 13(2) of the enquiry regulations ..... that mbsl is not a fit and proper person as per the criteria laid down by the regulation 19 (cc) of sebi dp regulations read with clause 3(2)(f), 3(2)(h) of fit and proper person regulations for getting registered as depository participant.however since the registration of mbsl as dp expired on june 28, 2004, the question of its cancellation as recommended by the enquiry officer does not arise now, but the application for renewal is to be formally ..... and affiliated to central depository service (india) ltd (hereinafter .....

Ifb Agro Industries Limited Vs. Sicgil India Limited

Court : Supreme Court of India

..... ), the (5) the provisions of this securities and exchange section shall not restrict board of india act, 1992 the right of a holder of (15 of 1992) or this act shares or debentures, to or any other law for the transfer such shares or time being in force, the debentures and any person tribunal may, on an acquiring such shares or application made by the debentures shall be entitled depository, company, to voting rights unless the depository participant, voting rights have been the holder of the ..... enlarges the power of the clb, the power of rectification continues to remain summary in nature and if any seriously disputed questions arise, the company court should relegate the 15 (2006) 6 scc9416 (2016) 1 scc42317 section 111(7) - on any application under this section, the tribunal - (a) may decide any question relating to the title of any person who is a party to the application to have his name entered in, or omitted from, the register; (b) generally, may decide any ..... the rectificatory powers of a board/company court under section 38 of the companies act, 1913, then under section 155 of the 1956 act, followed by section 111a introduced by the 1996 amendment to the 1956 act, and finally, section 59 of the 2013 act, demonstrate that its essential ingredients have remained the same. ..... royal holdings services ltd. ..... andhra bank financial services ltd. .....

Sebi Vs. Shri. Parag P Jhaveri, Shri Kamal P

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... jhaveri group) not to buy, sell or deal in the securities market including in ipo's, directly or indirectly till further directions as it was found that they had prima facie violated the provisions of depositories act, 1996, securities and exchange board of india (depositories and participants) regulations, 1996, regulation 3 of securities and exchange board of india (prohibition of fraudulent and unfair trade practices relating to securities market) regulations, 2003 (hereinafter referred to as the futp regulations) and the provisions of ..... have played a major role in cornering the shares and inter alia thereby prima facie violated the provisions of futp regulations and dip guidelines.5.1 therefore, in exercise of the powers delegated to me in terms of section 19 read with sections 11, 11b and 11(4) of the securities and exchange board of india act, 1992, i hereby confirm the ad interim order dated april 27, 2006 against shri kamal p jhaveri, shri parag p jhaveri and sugandh estate and investments pvt. ..... of no.of client depository participant shares shares accounts received------------------------------------------------------------------------------------1 seipl karvy stock 14405199 infrastructure development 10194 2712402 national thermal power 3322 710882 tata consultancy services 3197 57332 ilfs investmart 2135 106750 fcs software solutions ..... details of applications made and allotments received by seipl in certain ipos are narrated below: a) tata consultancy services ltd. .....

DakIn Vs. Bayly

Court : US Supreme Court

..... the circuit court of appeals answered in the affirmative, basing the decision on the section of the florida statutes which provides: [ footnote 2 ] "the holder of a negotiable instrument page 290 u. ..... 160 ), and the situation is as if they had expressly agreed that the clearwater bank was to act as agent only, and was not to become the debtor of the depositors unless and until it had received actual and final payment of the ..... 212, this court laid down the rule that, when banks mutually act as agents for collection, each for the other, and paper transmitted for collection appears on its face to be the property of the transmitting bank and remitted for its account, they are entitled to ..... has petitioner failed to sustain the burden of showing that the depositors of the clearwater bank, or any of them, have asked or consented to be treated as owners of the drafts, or otherwise adopted the act of the clearwater bank, but it appears that it would be to their disadvantage to do so. ..... given by the clearwater bank to the depositors for the checks when received, or that any of them were restrictively indorsed, or that, in the transactions between the two banks, either appeared to the other to be acting otherwise than as owner of the checks which it forwarded for collection. ..... 156 upon the drafts, like payment of them before such an act of adoption, obviously could not result in double liability of the ..... since, then, the clearwater bank acted as the agent of depositors in forwarding checks to .....

In Re: the Reserve Bank of India

Court : Company Law Board CLB

Reported in : (2005)64SCL235

..... it has come to the notice of the rbi that the company has filed an application before the hon'ble high court at calcutta under section 391 of the act for sanction of a scheme of compromise between the company and its secured creditors only including uco bank, without including unsecured creditors like the fixed deposit-holders of the company and if the outflow of funds ..... (h) this order shall cover the small depositors of the company for which intimation as required under section 58aa of the act, has been given by the company and also cover the applications from different depositors which are filed and pending for disposal. ..... objecting to the company's proposed scheme, the rbi has submitted, inter alia, that : the provisions of section 45qa of the rbi act do not contemplate filing of an application by the nbfc for approving a scheme of repayment to the depositors and as such, the clb has no jurisdiction to entertain the said application. ..... it is further stated by the company that the application before the high court at calcutta under section 391 of the act, is with regard to a scheme of compromise and/or arrangement between the company and its secured creditors and therefore, the unsecured creditors like fixed deposit-holders cannot be a party to that scheme. ..... the nbfcs sector has been passing through a difficult phase since 1996-97 mainly due to following reasons : o lower interest rates offered by bankers while nbfcs borrowed at higher rate from banks. .....

T.N.K. Govindaraju Chetty and Co. Vs. Kadri Mills (Cbe) Limited and or ...

Court : Company Law Board CLB

Reported in : (1999)96CompCas871

..... counsel for the respondents, that with the amendments to section 111, brought through the depositories act, no matters other than transfer matters could be adjudicated by the company law board under section 111a ..... since there were no shares in the names of the petitioners when they moved the court, it observed (page 124) : "i consider that a petition under section 397/398 can only be maintained by a person or persons who are shown as members in the register of the company, and if the persons who wish to file such petition are not ..... even otherwise, he contended that the purported allotment of further shares is consequent on the passing of the special resolution under section 81(1)(a) and this resolution itself has been sought to be declared as null and void.he further stated that the main and the only act of oppression raised in the petition relates to the action of the directors in increasing their holding by misusing their fiduciary position which has also resulted in the ..... the respondents have raised a preliminary issue regarding the maintainability of the petition on the ground that the requirements of section 399 of the act have not been fulfilled in both the petitions.shri padmana-bhan, advocate for the petitioners, dealing with the preliminary objection, stated ..... kannappa automobiles' case [1995] 1 comp lj 486 ; [1996] 86 comp cas 18 (mad) which had been filed under section 111, that, allegations of mala fides in allotment of shares cannot be impugned in a petition under section 111 ..... [1996] .....

Deposit Insurance and Credit Guarnt.Corpn. Vs. Ragupathi Ragavan and O ...

Court : Supreme Court of India

..... amounts in its hands, after making provision for expenses payable by that time in respect of such realisations or other amounts in its hands are sufficient to enable it after the date of coming into force of the scheme referred to in section 18 of the act, to pay or credit in respect of each depositor a sum not less than one paisa in the rupee. 28. ..... till the said surplus is paid to the corporation, subject to the provisions regarding making payment of winding up expenditure, dividend to be paid as per the provisions of section 21 of the act, the depositors could not have been given any further amount. ..... the amounts repayable to the corporation under sub-section (2) of section 21 of the act shall be paid from time to time by, - (a) the liquidator as soon as the realisations and other amounts in his hands, after making provision for expenses payable by that time, are sufficient to enable him to declare a dividend of not ..... thus, the amount which the corporation was liable to pay to the depositors under the provisions of section 16 of the act had been paid by the corporation through the official liquidator.9. ..... it is pertinent to note that when the corporation had paid to the depositors as per the insurance scheme under the act, the corporation gets a right under the aforestated section 21 of the act to get money from the official liquidator.24. .....