https://www.taxtmi.com/circulars?id=67908 Units allotted to an employee benefit trust for a unit based employee benefit scheme are exempt from the lock in and preferential allotment restrictions in Chapter 7, per new paragraph 7.6.4 and a proviso to 7.7.1; BIA will specify the standardized quarterly report and compliance certificate formats for Investment Managers and trustees; distributions timelines are aligned with Regulation 18(6)(c), and unclaimed distributions must be transferred to an Escrow 'Unpaid Distribution Account' within seven working days of expiry of the distribution timeline. en-us Wed, 13 Nov 2024 00:00:00 +0530 Fri, 13 Feb 2026 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67908 Units allotted to an employee benefit trust for a unit based employee benefit scheme are exempt from the lock in and preferential allotment restrictions in Chapter 7, per new paragraph 7.6.4 and a proviso to 7.7.1; BIA will specify the standardized quarterly report and compliance certificate formats for Investment Managers and trustees; distributions timelines are aligned with Regulation 18(6)(c), and unclaimed distributions must be transferred to an Escrow 'Unpaid Distribution Account' within seven working days of expiry of the distribution timeline. Circulars SEBI Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67908