https://www.taxtmi.com/notifications?id=142187 The amendment permits investment managers to implement unit based employee benefit schemes via separate employee benefit trusts, defining eligible acquisitions (in lieu of management fees, gifts, transfers, or secondary acquisition) and imposing limits on secondary acquisitions, mandatory unitholder approvals, trustee registration requirements, governance by the nomination and remuneration committee, non-voting status of trust-held units, prohibition on trust trading, vesting and lock-in rules, and comprehensive disclosure, accounting and reporting obligations. en-us Tue, 09 Jul 2024 00:00:00 +0530 Wed, 17 Jul 2024 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142187 The amendment permits investment managers to implement unit based employee benefit schemes via separate employee benefit trusts, defining eligible acquisitions (in lieu of management fees, gifts, transfers, or secondary acquisition) and imposing limits on secondary acquisitions, mandatory unitholder approvals, trustee registration requirements, governance by the nomination and remuneration committee, non-voting status of trust-held units, prohibition on trust trading, vesting and lock-in rules, and comprehensive disclosure, accounting and reporting obligations. Notifications SEBI Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142187