Taxmann's Analysis | REITs and InvITs – SEBI's Proposed Regulatory Revisions to Simplify Compliance

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REITs and InvITs Proposed Regulatory Revisions to Simplify Compliance and Enhance Ease of Doing Business

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Taxmann's Analysis | REITs and InvITs – SEBI's Proposed Regulatory Revisions to Simplify Compliance

Published on May 17, 2024

This article analyses the SEBI's proposal to reduce the compliance burden and simplify and improve the ease of doing business for REITs and InvITs. The key highlights of the SEBI's proposals include: ‣ Timelines for Fund Distribution to Unitholders be Reduced to 5 Working Days ‣ Scheduling of Unitholders' Meetings at Shorter Notice ‣ Simplified Unitholders' Voting Threshold ‣ Quarterly Review of Statements of Investor Complaints ‣ Disclosure of Statement of Deviations Alongside Financial Results ‣ Allowing Maintenance of Records in Electronic Form Along with Backup ‣ Reduction in Trading Lot Size for Privately Placed InvITs ‣ Aligning Provisions Related to a Change in Sponsor for InvIT Regulations with REIT Regulations

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Taxmann's Analysis | REITs and InvITs – SEBI's Proposed Regulatory Revisions to Simplify Compliance by Taxmann - Issuu