Extension of facility for conducting annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM)
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Virtual meetings for REITs and InvITs extended to June 30, 2022, permitting annual and other unitholder meetings via VC/OAVM. SEBI permits REITs and InvITs to conduct annual and other unitholder meetings through video conferencing or other audio visual means until June 30, 2022, subject to compliance with the procedure in Annexure I of the June 22, 2020 SEBI circular. The extension aligns with a similar MCA extension and is issued under SEBI's regulatory authority, requiring trustees, managers and other parties to follow prescribed procedural and technical safeguards when convening and conducting meetings via VC/OAVM.
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Provisions expressly mentioned in the judgment/order text.
Virtual meetings for REITs and InvITs extended to June 30, 2022, permitting annual and other unitholder meetings via VC/OAVM.
SEBI permits REITs and InvITs to conduct annual and other unitholder meetings through video conferencing or other audio visual means until June 30, 2022, subject to compliance with the procedure in Annexure I of the June 22, 2020 SEBI circular. The extension aligns with a similar MCA extension and is issued under SEBI's regulatory authority, requiring trustees, managers and other parties to follow prescribed procedural and technical safeguards when convening and conducting meetings via VC/OAVM.
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