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of <h1>Finance Act, 2018 amends Depositories Act, 1996: Section 19-IB now broadens authority scope beyond adjudicating officer actions.</h1> In the Depositories Act, 1996, section 19-IB has been amended by the Finance Act, 2018. The amendment involves a change in sub-section (1), where the phrase 'by the adjudicating officer' is replaced with 'under this Act.' This modification broadens the scope of authority for actions taken under the Act, no longer limiting it specifically to actions by the adjudicating officer.
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