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Investor Protection Fund.

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Full Text of the Document

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....ish and maintain an Investor Protection Fund for the protection of interest of beneficial owners: Provided that this Fund shall not be used by the depository for the purpose of indemnifying the beneficial owner under section 16 of the Depositories Act, 1996. ^2[(2) Every depository shall credit five per cent or such percentage as may be specified by the Board, of its profits from depository ....

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