Contravention by companies: reclassifies offences under the Depositories Act as contraventions, covering breaches of rules, regulations, directions. Amendment to section 21 substitutes the marginal heading with 'Contravention by companies' and replaces references to an 'offence' with 'contravention', extending applicability to contraventions of the Act or any rule, regulation, direction or order made thereunder in both sub sections (1) and (2).
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Contravention by companies: reclassifies offences under the Depositories Act as contraventions, covering breaches of rules, regulations, directions.
Amendment to section 21 substitutes the marginal heading with "Contravention by companies" and replaces references to an "offence" with "contravention", extending applicability to contraventions of the Act or any rule, regulation, direction or order made thereunder in both sub sections (1) and (2).
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