Annual secretarial compliance report requirement for InvITs mandates practitioner certification and filing with stock exchanges promptly. The investment manager must appoint a practicing company secretary to examine compliance with applicable SEBI statutes, regulations, circulars and guidelines and prepare an annual secretarial compliance report in the prescribed format. The report must be filed with stock exchanges and annexed to the InvIT's annual report within sixty days of year end, disclose deviations, records maintained, any regulatory actions, and prior observations with actions taken, while stock exchanges will monitor compliance.
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Annual secretarial compliance report requirement for InvITs mandates practitioner certification and filing with stock exchanges promptly.
The investment manager must appoint a practicing company secretary to examine compliance with applicable SEBI statutes, regulations, circulars and guidelines and prepare an annual secretarial compliance report in the prescribed format. The report must be filed with stock exchanges and annexed to the InvIT's annual report within sixty days of year end, disclose deviations, records maintained, any regulatory actions, and prior observations with actions taken, while stock exchanges will monitor compliance.
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