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        SEBI

        Regulation 26ZL - Related party transactions

        Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
        Chapter VIB
        SMALL AND MEDIUM REITS

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        Related party transactions restricted for SM REITs, prohibiting facility and property management deals while allowing manager and trustee fees. Related party transactions by Small and Medium REITs are prohibited, including facility management and property management contracts, but payments of fees to the investment manager and the trustee for carrying on the REIT's activities are expressly permitted as an exception to this prohibition.
                          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.

                                Related party transactions restricted for SM REITs, prohibiting facility and property management deals while allowing manager and trustee fees.

                                Related party transactions by Small and Medium REITs are prohibited, including facility management and property management contracts, but payments of fees to the investment manager and the trustee for carrying on the REIT's activities are expressly permitted as an exception to this prohibition.


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