Migration of existing entities to SM REITs requires registration, a migration plan and completion within the prescribed timeframe. An applicant seeking registration to migrate existing persons, entities or structures owning real estate assets into an SM REIT must apply within the period specified by the Board, ordinarily six months from notification. The application must detail the entities proposed for migration and include a migration plan. After grant of registration the applicant must complete migration within the specified period, ordinarily six months, and comply with the chapter's provisions in relation to the scheme being migrated except where otherwise provided.
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.
Migration of existing entities to SM REITs requires registration, a migration plan and completion within the prescribed timeframe.
An applicant seeking registration to migrate existing persons, entities or structures owning real estate assets into an SM REIT must apply within the period specified by the Board, ordinarily six months from notification. The application must detail the entities proposed for migration and include a migration plan. After grant of registration the applicant must complete migration within the specified period, ordinarily six months, and comply with the chapter's provisions in relation to the scheme being migrated except where otherwise provided.
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