company are listed. (4) A person shall not be appointed as a trustee, if he- (i) is a director, key managerial personnel or promoter ... appointed as trustees, there shall be a minimum of two such trustees, and in case a corporate entity is appointed as a trustee, then
that in respect of issues pertaining to the trustee such as change in the trustee, the trustee shall not be involved in any manner ... trustee may provide a period of one year to the manager to rectify the same, failing which] [Substituted 'two hundred or below twenty five
valuer may be reappointed after a period of not less than two years from the date it ceases to be the valuer of the InvIT ... consideration within not more than two months from the date of such event and disclose the same to the trustee and the designated stock exchanges
valuer may be reappointed after a period of not less than two years from the date it ceases to be the valuer of the REIT ... consideration within not more than two months from the date of such event and disclose the same to the trustee, investors and the Designated Stock
responsibilities of the trustee in accordance with regulation 9; (c) persons have been designated as sponsor(s), investment manager and trustee under these regulations ... least 5 years and where the sponsor is a developer, at least two projects of the sponsor have been completed; (e) with regard
conducting of meeting of the unit holder, subject to overseeing by the trustee: Provided that in issues pertaining to the investment manager such as change ... that in respect of issues pertaining to the trustee Including change in the trustee, the trustee shall not be involved in any manner
estate industry: Provided that where the sponsor is a developer, at least two projects of the sponsor have been completed; (e) with regard ... development of real estate; (iii) the manager has not less than two key personnel who each have not less than five years experience in fund
unit holders of the REIT forming part of the public shall be two hundred at all times' by Notification No. SEBI ... case of breach of the conditions specified in this sub-regulation, the trustee may provide a period of six months to the manager to rectify
independent valuer shall be obtained by the manager and submitted to the trustee and approval of unit holders in accordance with regulation 22 shall ... shall be made in the follow-on offer document. (10) Transaction between two or more of the REITs with a common manager or sponsor shall
Section 2 in Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014
