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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Depositories Act 1996 mandates standardized agreements between depositories and participants under specified bye-laws framework</h1> The Depositories Act, 1996 requires depositories to enter into agreements with one or more participants who act as their agents. These agreements must be in the form specified by the bye-laws. This provision establishes the mandatory contractual framework between depositories and participants in the securities market infrastructure, ensuring standardized operational relationships governed by regulatory specifications.