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<h1>SEBI Issues Certificate for Commencement of Business as Depository Under Form D, Depositories Act 1996</h1> The document is a statutory provision under the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, specifically Form D, which pertains to the certificate of commencement of business as a depository. It authorizes an entity to commence business as a depository, subject to compliance with the conditions outlined in the Depositories Act, 1996, and relevant regulations. The certificate is issued by the Securities and Exchange Board of India (SEBI) and is signed on behalf of SEBI in Mumbai. Amendments to the original terms are noted, reflecting changes made in 1997.