Depositories Act, 1996

32. Words and letters "CHAPTER VI-MISCELLANEOUS" omitted by the Finance Act, 2018, w.e.f. 8-3-2019.

33. Substituted for section 22 by the Securities Laws (Amendment) Act, 2004, w.e.f. 12-10-2004. Prior to its substitution, section 22 read as under:- "22. Cognizance of offences by courts.-(1) No Court shall take cognizance of any offence punishable under this Act or any regulations or bye-laws made thereunder, save on a complaint made by the Board.

(2) No court inferior to that of a Metropolitan Magistrate or a judicial Magistrate of the first class shall try any offence punishable under this Act."

34. Sub-section (2) omitted by the Securities Laws (Amendment) Act, 2014, w.r.e.f. 18-7-2013. Prior to its omission, said sub-section read as under :

"(2) No court inferior to that of a Court of Session shall try any offence punishable under this Act."