Eligible issuers

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..... rities by the Board; (b) any of the promoters, promoter group or directors of the parties to the SM REIT are debarred from accessing the securities market or dealing in securities by the Board; (c) any of the promoters or directors of the parties to the SM REIT is a promoter or director of another company which is debarred from accessing the securities market by the Board; (d) the SM REIT or the p .....

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..... ble to a person who was appointed as a director only by virtue of nomination by a debenture trustee in other company. (2) No offer of units by a scheme of the SM REIT shall be made unless, (a) the size of the asset proposed to be acquired in a scheme of the SM REIT is at least rupees fifty crores and less than rupees five hundred crores; and (b) the minimum number of unitholders of the scheme of t .....

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