SEBI vide circular dated August 22, 2024 has announced amendment to Master Circular for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to review of statement of investor complaints and timeline for disclosure of statement of deviation(s). It is provided that the Trustee and the Board of Directors/Governing Body of the Manager of REITs & InvITs shall ensure that all investor complaints are redressed by the Manager in timely manner. Further, the statement of complaints shall be placed, on a quarterly basis, before the Board of Directors/Governing Body of the Manager and the Trustee for review.
New Regulations for Consumer Grievances Redressal in Goa and UTs
The Joint Electricity Regulatory Commission (JERC) has announced the Consumer Grievances Redressal Forum and Ombudsman Regulations, 2024, which supersedes the 2019 regulations. Under these new