Question
Depositories Act is applicable to?
Solution
As per Depositories Act, 1996, S.1.  Short title, extent and commencement.    (1) This Act may be called the Depositories Act, 1996. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 20th day of September, 1995.                                                                                     Depository Act extends to the whole of India – concept covered in notes
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