Statutory Meaning & Definition
Organisations registered with SEBI under the Depositories Act, 1996 that hold securities in electronic form on behalf of investors. India has two depositories: NSDL (National Securities Depository Ltd) and CDSL (Central Depository Services Ltd).
Frequently Asked Questions (FAQs)
What is Depositories in Indian corporate law?
Organisations registered with SEBI under the Depositories Act, 1996 that hold securities in electronic form on behalf of investors. India has two depositories: NSDL (National Securities Depository Ltd) and CDSL (Central Depository Services Ltd).
Why is Depositories important for compliance?
Depositories is regulated by the Securities and Exchange Board of India under applicable SEBI regulations. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Who should know about Depositories?
Depositories is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with SEBI regulatory matters in India.
Contextual Analysis & Regulatory Circulars
Recent analysis and regulatory updates related to SEBI:
SEBI Proposes Automatic Approval Route for Exchange and Depository Investments: Full Consultation Paper Breakdown
Published: 22 October 2026
SEBI Consultation Paper on BCP-DR for MIIs: Shorter Drills, Stronger PDC Resilience Proposed
Published: 15 September 2026
SEBI Simplifies and Standardises Framework for Transmission of Securities 2026
Published: 23 July 2026
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