Depositary
Legal definition for Indian law research
Definition
Depositary, one with whom anything is lodged in trust, as 'depository' is the place where it is put. The obligation on the part of the depositary is, that he keeps the thing with reasonable care, and, upon request, restore it to the depositor, or otherwise deliver it, according to the original trust.
Means a company formed and registered under the Companies Act, (1 of 1956), and which has been granted a certificate of registration under sub-s. (1A) of s. 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992). [Depositories Act, 1996 (22 of 1996), s. 2 (1) (e)]
Means a company formed and registered under the Companies Act, (1 of 1956), and which has been granted a certificate of registration under sub-s. (1A) of s. 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992). [Depositories Act, 1996 (22 of 1996), s. 2 (1) (e)]
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