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that the securities are available for pledge shall make a note in its records of the notice of pledge and forward the application ... Subject to the provisions of the pledge document, the pledgee may invoke the pledge and on such invocation, the depository shall register the pledgee

that the securities are available for pledge shall make a note in its records of the notice of pledge and forward the application ... provisions of the plegde document, the pledgee may invoke the pledge and on such invocation, the depository shall register the pledgee as beneficial owner

Section 10 in Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers