Depositories Act : Cognizance of offences by courts. Indian Bare Acts :

Depositories Act,1996

Act No : 22

Section : Cognizance of offences by courts.

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.