SM REIT registration fee framework requires staged non-refundable payments with reconciliation against final issue size. Applicants for SM REIT registration must pay a non-refundable application fee with the application and a non-refundable registration fee within fifteen days of Board intimation. SM REIT schemes making initial or follow-on offerings must pay a non-refundable filing fee when filing the draft scheme offer document, computed as the higher of a fixed sum and a percentage of total issue size. Any fee deficiency or excess on reconciliation with final issue size is to be adjusted or refunded. Payments must be made electronically via prescribed modes.
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.
SM REIT registration fee framework requires staged non-refundable payments with reconciliation against final issue size.
Applicants for SM REIT registration must pay a non-refundable application fee with the application and a non-refundable registration fee within fifteen days of Board intimation. SM REIT schemes making initial or follow-on offerings must pay a non-refundable filing fee when filing the draft scheme offer document, computed as the higher of a fixed sum and a percentage of total issue size. Any fee deficiency or excess on reconciliation with final issue size is to be adjusted or refunded. Payments must be made electronically via prescribed modes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
