Securities And Exchange Board Of India - Subsection
Section 4(2)(f) in Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
(f)with regard to the trustee,-(i)the trustee is registered with the Board under SEBI(Debenture Trustees) Regulations, 1993 and is not an associate of the sponsor (s) or manager; and(ii)the trustee has such wherewithal with respect to infrastructure, personnel, etc. to the satisfaction of the Board and in accordance with circulars or guidelines as may be specified by the Board;