TMI BlogDelisting of unitsX X X X Extracts X X X X X X X X Extracts X X X X ..... (7) of regulation 16; (b) 1 [***] (c) if there are no projects or assets remaining under the REIT for a period exceeding six months and REIT does not propose to invest in any project in future: Provided that, the period may be extended by further six months, with the approval of unit holders in the manner as specified in regulation 22; (d) the Board or the designated stock exchange ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the REIT or parties to the REIT to comply with regulations. (4) The Board may reject the application for delisting and take any other action, as it deems fit, under these regulations or the Act for violation of the listing agreement or these regulations or the Act. (5) The procedure for delisting of units of REIT including provision of exit option to the unit holders shall be in accordance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016. Prior to its omission, sub- clause (b) read as under : the number of unit holders of the REIT forming part of the public falls below two hundred; - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X
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