Section 10 in The Depositories Act, 1996
10. Rights of depositories and beneficial owner.—
(1) Notwithstanding anything contained in any other law for the time ... being in force, a depository shall be deemed to be the registered owner for the purposes of effecting transfer of ownership of security on behalf
17th November 2017, the Corporate Debtor filed a petition
invoking Section 10 of the Insolvency and Bankruptcy Code,
201610 before the National Company Law Tribunal ... Depository Participant invoking its rights in terms of Clause
6.1 of the Pledge Deed. Acting on the request, the Depository
Participant has accorded PIFSL
M/S. Subhiksha Trading Services ... vs Mafatlal Industries Ltd [Vol.87 (1996) ... on 25 October
suit shares as collateral security in terms of
Section 176 of the Indian Contract Act, 1872. Notices of sale were
issued to the Borrowers under ... sold or taken into Yes Bank's own depository
account without further notice.
10. The Plaintiff addressed a letter dated 24th July
Depositories Act, 1996 . For facility, Section 2(a) , Section 7(1) ,
Section 9 , Section 9(1) , Section 10 , Section 11 and Section 12
are extracted ... Depositories Act is to be governed under
Section 10 of the said Act. A perusal of Section 10 would
indicate that it begins with
Depositories Act, 1996 . For facility, Section 2(a) , Section 7(1) ,
Section 9 , Section 9(1) , Section 10 , Section 11 and Section 12
are extracted ... Depositories Act is to be governed under
Section 10 of the said Act. A perusal of Section 10 would
indicate that it begins with
Depositories Act, 1996 . For facility, Section 2(a) , Section 7(1) ,
Section 9 , Section 9(1) , Section 10 , Section 11 and Section 12
are extracted ... Depositories Act is to be governed under
Section 10 of the said Act. A perusal of Section 10 would
indicate that it begins with
Depositories Act, 1996 . For facility, Section 2(a) , Section 7(1) ,
Section 9 , Section 9(1) , Section 10 , Section 11 and Section 12
are extracted ... Depositories Act is to be governed under
Section 10 of the said Act. A perusal of Section 10 would
indicate that it begins with
Depositories Act, 1996 . For facility, Section 2(a) , Section 7(1) ,
Section 9 , Section 9(1) , Section 10 , Section 11 and Section 12
are extracted ... Depositories Act is to be governed under
Section 10 of the said Act. A perusal of Section 10 would
indicate that it begins with
governed by the Depositories Act, 1996 , which contemplates the existence of a depository, i.e., a company which acts as the depository of such shares ... beneficial owner vide Section 10 of the Depositories Act, 1996, which reads as under :
"10. Rights of depositories and beneficial owner.--(1) Notwithstanding anything