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Virtual unitholder meetings permitted; framework ensures two-way participation, remote e-voting, transcript publication and safeguards. InvITs and REITs may hold unitholder meetings via video conferencing or other audio visual means under a specified procedural framework: maintain and upload meeting transcripts; ensure two way participation with capacity for at least one thousand unitholders or actual unitholder count; provide remote e voting before the meeting and e voting during the meeting for eligible present unitholders; chairperson to record that reasonable efforts were made to enable participation; at least one independent director and the auditor or authorised representative must attend; notices must disclose access instructions, e voting procedures for unregistered email holders, helpline details, and be posted on the InvIT/REIT website and stock exchanges where listed.
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.
InvITs and REITs may hold unitholder meetings via video conferencing or other audio visual means under a specified procedural framework: maintain and upload meeting transcripts; ensure two way participation with capacity for at least one thousand unitholders or actual unitholder count; provide remote e voting before the meeting and e voting during the meeting for eligible present unitholders; chairperson to record that reasonable efforts were made to enable participation; at least one independent director and the auditor or authorised representative must attend; notices must disclose access instructions, e voting procedures for unregistered email holders, helpline details, and be posted on the InvIT/REIT website and stock exchanges where listed.
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