Section 10: Rights of depositories and beneficial owner.

Q: What does Section 10 of The Depositories Act, 1996 (TDA) deal with?

Section 10 TDA pertains to "Rights of depositories and beneficial owner.". It is part of the The Depositories Act, 1996, a legislation enacted by the Parliament of India. Section 10 of The Depositories Act, 1996 (TDA) governs rights of depositories and beneficial owner. As verified on 19 May 2026.

Q: Is Section 10 TDA still in force?

Yes, Section 10 of the The Depositories Act, 1996 is currently in force across the Republic of India.

Q: What is धारा 10 TDA?

धारा 10 TDA is the Devanagari Hindi reference for Section 10 of the The Depositories Act, 1996. Section 10 of The Depositories Act, 1996 (TDA) governs rights of depositories and beneficial owner. As verified on 19 May 2026.

Q: What is Dhara 10 TDA?

Dhara 10 TDA is the Roman Hindi reference for Section 10 of the The Depositories Act, 1996. "Dhara" means "Section" in Hindi. Section 10 of The Depositories Act, 1996 (TDA) governs rights of depositories and beneficial owner. As verified on 19 May 2026.

Q: How to cite Section 10 of The Depositories Act, 1996?

Cite as: "Section 10, The Depositories Act, 1996 (TDA)" in legal briefs. For academic writing, use the BlueBook format: The Depositories Act, 1996, § 10 (India).

Law on Tips Editorial Board

(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 of a beneficial owner.
(2) Save as otherwise provided in sub-section (1), the depository as a registered owner shall not have any voting rights or any other rights in respect of securities held by it.
(3) The beneficial owner shall be entitled to all the rights and benefits and be subjected to all the liabilities in respect of his securities held by a depository.