Section 17 of DA, 1996 : Section 17: Rights And Obligations Of Depositories, Etc
DA, 1996
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Explanation using Example
Imagine a company named "XYZ Corp" wants to offer its shares for electronic trading. Under Section 17(1) of The Depositories Act, 1996, the relationship between XYZ Corp (the issuer), the depository handling electronic shares, and the participants (brokers) would be governed by specific regulations. This means that XYZ Corp must comply with...
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