Securities And Exchange Board Of India - Subsection
Section 11(4)(c) in Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
(c)The [***] [Omitted 'sponsor/' by Notification No. SEBI/L.A.D.-NRO/GN/2016-17/022, dated 29.11.2016 (w.e.f. 26.9.2014).] proposed re-designated sponsor shall obtain approval from the unit holders or provide option to exit to the unit holders in accordance with guidelines as may be specified: