Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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>Master Circular for Real Estate Investment Trusts (REITs) consolidates rules on offers, disclosures, NDCF and governance obligations.</h1> Master Circular consolidates SEBI guidance for REITs, superseding prior circulars and prescribing operative compliance. It mandates online filings, detailed publicoffer procedures (merchant banker due diligence, draft/final offer filing, allocation, anchor and strategic investor rules), timelines for allotment and listing, dematerialisation, and disclosure formats. It sets accounting and audit requirements including Ind AS preparation, combined and proforma financial statements, certification of projections, and a detailed Net Distributable Cash Flow (NDCF) computation and distribution policy. Continuous disclosure, governance reporting, investor charter, unclaimed amounts transfer to IPEF, encumbrance invocation conditions, minimum public unitholding routes, board nomination rights and exitoption mechanics are prescribed with procedural templates and timelines.
TaxTMI 
TaxTMI 
