Liquid asset definition clarifies permitted cash equivalents and market instruments eligible for REIT liquidity management. The definition of Liquid asset identifies permissible liquidity holdings for REITs: cash; units of overnight or liquid mutual fund schemes; fixed deposits of scheduled commercial banks; government securities and treasury bills; and repos on government securities and corporate bonds.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liquid asset definition clarifies permitted cash equivalents and market instruments eligible for REIT liquidity management.
The definition of Liquid asset identifies permissible liquidity holdings for REITs: cash; units of overnight or liquid mutual fund schemes; fixed deposits of scheduled commercial banks; government securities and treasury bills; and repos on government securities and corporate bonds.
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