TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends InvITs Circular: Unitholders Can Nominate Directors Even With Lender Rights Under New Rules.</h1> The Securities and Exchange Board of India (SEBI) has amended the Master Circular for Infrastructure Investment Trusts (InvITs) to clarify board nomination rights for unitholders. Previously, eligible unitholders could nominate one director if their unitholding exceeded a certain threshold, unless they already had nomination rights as shareholders or lenders. The amendment now allows unitholders to nominate a director even if they have nomination rights as lenders, provided certain conditions under SEBI regulations are met. This change aims to facilitate business operations and follows industry requests and recommendations from the Hybrid Securities Advisory Committee. The amendment is effective immediately.
TaxTMI 
TaxTMI 
