https://www.taxtmi.com/circulars?id=57772 SEBI allows REITs and InvITs to issue debt securities under a modified application of the ILDS Regulations, excluding specified ILDS provisions and Company Act filing requirements unless expressly stated. Issuers must appoint SEBI registered debenture trustees (excluding the trust's own trustee), secure any secured issuance by an adequate charge on trust/holdco/SPV assets, and comply with enhanced continuous disclosure obligations including specified financial line items, addressing modified audit opinions affecting repayment capacity, and half yearly statements on use of proceeds. The circular maps company terms to trust terminology and rests on SEBI's regulatory powers under the REIT/InvIT frameworks. en-us Fri, 13 Apr 2018 00:00:00 +0530 Wed, 28 Nov 2018 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57772 SEBI allows REITs and InvITs to issue debt securities under a modified application of the ILDS Regulations, excluding specified ILDS provisions and Company Act filing requirements unless expressly stated. Issuers must appoint SEBI registered debenture trustees (excluding the trust's own trustee), secure any secured issuance by an adequate charge on trust/holdco/SPV assets, and comply with enhanced continuous disclosure obligations including specified financial line items, addressing modified audit opinions affecting repayment capacity, and half yearly statements on use of proceeds. The circular maps company terms to trust terminology and rests on SEBI's regulatory powers under the REIT/InvIT frameworks. Circulars SEBI Fri, 13 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57772