law: Depositories Act, 1996 
  25. Power of Board to make regulations 
  (1) Without prejudice to the provisions contained in section 30
  
  of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board
  
  may by notification in the Official Gazette, make regulations consistent with
  
  the provisions of this Act and the rules made thereunder to carry out the
  
  purposes of this Act.
  (2) In particular and without prejudice to the generality of the
  
  foregoing power, such regulations may provide for- 
  (a) the form in which record is to be
  
  maintained under clause (i) of sub-section (1) of section 2;
  (b) the form in which the certificate of
  
  commencement of business shall be issued under sub-section (2) of section 3;
  (c) the manner in which the certificate of
  
  security shall be surrendered under sub-section (1) of section 6;
  (d) the manner of creating a pledge or
  
  hypothecation in respect of security owned by a beneficial owner under
  
  sub-section (1) of section 12;
  (e) the conditions and the fees payable with
  
  respect to the issue of certificate of securities under sub-section (3) of
  
  section 14;
  (f) the rights and obligations of the
  
  depositories, participants and the issuers under sub-section (1) of section 17;
  
  
  (g) the eligibility criteria for admission of
  
  securities in the depository under sub-section (2) of section 17.