TMI BlogRelated party transactionsX X X X Extracts X X X X X X X X Extracts X X X X ..... in the best interest of the unit holders, consistent with the strategy and investment objectives of the InvIT. (2) All related party transactions of an InvIT shall be disclosed, (a) in the offer document or placement memorandum with respect to any such transactions entered into prior to the offer of units and any such proposed transactions subsequent to the offer; (b) to the designated s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch subsequent transaction with any related party in accordance with regulation 22. (4) Transaction between two or more of the InvITs with a common investment manager or sponsor, shall be deemed to be related party transactions for each of the InvITs and provisions of regulation 19 shall apply: Provided that this sub-regulation shall also apply if the investment managers or sponsors of the I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hether any acquisition of such business by the InvIT is intended and if so, details of the same thereof. (7) The Board may specify additional guidelines with respect to related party transactions, as it deems fit. ********** 1 Omitted publicly offered by Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2016, w.e.f 30.11.2016 2 Inserte ..... X X X X Extracts X X X X X X X X Extracts X X X X
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