Registration refusal procedure permits rejection after hearing and requires prompt written communication of the decision to the applicant. The regulator may refuse a certificate to the trust after giving the applicant a reasonable opportunity of being heard, and must communicate the decision ... Summary
Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
Registration refusal procedure permits rejection after hearing and requires prompt written communication of the decision to the applicant.
The regulator may refuse a certificate to the trust after giving the applicant a reasonable opportunity of being heard, and must communicate the decision to reject the application to the applicant within a specified short period after the decision.
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