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>SEBI Empowered to Inspect REITs and Related Entities for Compliance and Investor Protection Under 2016 Rule Expansion.</h1> The Securities and Exchange Board of India (SEBI) has the authority to conduct inspections of Real Estate Investment Trusts (REITs), their holding companies, special purpose vehicles, or related parties. Inspections can be initiated independently or based on information or complaints received. The objectives include verifying proper maintenance of financial records, investigating complaints from stakeholders, ensuring compliance with relevant laws and regulations, and examining the REIT's operations to protect the securities market and investors' interests. This regulatory power was expanded in 2016 to include additional entities associated with REITs.
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