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of <h1>Depositories Act Rules Amended: Expanded Authority and Error Rectification for Adjudicating Officers and Board.</h1> The Central Government has amended the Depositories (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 2005, under the Depositories Act, 1996. These amendments, effective upon publication in the Official Gazette, include changes like inserting additional sections, modifying references to the adjudicating officer, and allowing the Board or adjudicating officer to rectify apparent errors in orders. The amendments aim to streamline procedures by expanding the authority of the Board alongside adjudicating officers and clarifying rule applications, including typographical corrections within a specified timeframe.
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