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        SEBI

        Regulation 26E - Surrender of certificate

        Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
        Chapter VIA
        FRAMEWORK FOR PRIVATE PLACEMENT OF UNITS OF INVITS WHICH ARE NOT LISTED

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        Surrender of certificate allows an InvIT to cease activity upon acceptance while preserving continuing liability for past acts. An InvIT may surrender its certificate of registration to the Board and, on acceptance of the surrender, shall no longer undertake the activity of an InvIT; notwithstanding surrender, the InvIT and parties remain liable for all acts, omissions and commissions with respect to InvIT activities.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Surrender of certificate allows an InvIT to cease activity upon acceptance while preserving continuing liability for past acts.

                                An InvIT may surrender its certificate of registration to the Board and, on acceptance of the surrender, shall no longer undertake the activity of an InvIT; notwithstanding surrender, the InvIT and parties remain liable for all acts, omissions and commissions with respect to InvIT activities.


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