Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Regulation 8: Trusts must be heard before registration is refused; rejection communicated within 30 days.</h1> Regulation 8 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 outlines the procedure for when registration is refused. If the Board decides not to grant a certificate to a trust after reviewing an application, it must provide the applicant with a reasonable opportunity to be heard before rejecting the application. The decision to reject must be communicated to the applicant within thirty days. The term 'trust' replaced 'applicant' following an amendment in 2018.
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