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    <title>REGISTRATION OF SMALL AND MEDIUM REITs</title>
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    <description>Registration under new Chapter VI B requires SM REITs to be constituted as registered trusts and to appoint a separate investment manager and a registered debenture trustee. The investment manager must satisfy net worth, experience and personnel qualifications and enter into an investment management agreement with the trustee. Applicants file Form A with detailed information and supporting documents including a registered trust deed and net worth certificate; applications are subject to fees, scrutiny, requests for further information or appearance, and may be accepted with conditions or refused after an opportunity to be heard.</description>
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    <pubDate>Tue, 10 Dec 2024 14:59:55 +0530</pubDate>
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      <link>https://www.taxtmi.com/article/detailed?id=13193</link>
      <description>Registration under new Chapter VI B requires SM REITs to be constituted as registered trusts and to appoint a separate investment manager and a registered debenture trustee. The investment manager must satisfy net worth, experience and personnel qualifications and enter into an investment management agreement with the trustee. Applicants file Form A with detailed information and supporting documents including a registered trust deed and net worth certificate; applications are subject to fees, scrutiny, requests for further information or appearance, and may be accepted with conditions or refused after an opportunity to be heard.</description>
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      <pubDate>Tue, 10 Dec 2024 14:59:55 +0530</pubDate>
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