Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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This notification amends the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014. Key changes include: Modifying timelines for distribution payment to unitholders, revising voting thresholds for approval of resolutions, allowing shorter notice for unitholder meetings with consent, mandating option for video conferencing and remote e-voting, maintaining electronic records with backup and business continuity plans. It streamlines operational aspects related to distributions, voting procedures, meetings, and record maintenance for greater efficiency and unitholder participation.
This notification amends the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014. Key changes include: Modifying timelines for distribution payment to unitholders, revising voting thresholds for approval of resolutions, allowing shorter notice for unitholder meetings with consent, mandating option for video conferencing and remote e-voting, maintaining electronic records with backup and business continuity plans. It streamlines operational aspects related to distributions, voting procedures, meetings, and record maintenance for greater efficiency and unitholder participation.
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