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.
SEBI Consultation paper on “Process for appointment of specific KMPs of an MII; and cooling-off period for KMPs and Directors of an MII joining a competing MII
23 November 2024
The comments/ suggestions maybe submitted latest by December12, 2024 through web based online mode.
