Section 4
Agreement between depository and participant.
About this Act
An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.
(1) A depository shall enter into an agreement
with one or more participants as its agent.
(2) Every agreement under sub-section (1) shall be in such form as may be specified by the bye-laws.
(2) Every agreement under sub-section (1) shall be in such form as may be specified by the bye-laws.