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TMI BlogSecurities and Exchange Board of India (Real Estate Investment Trusts) (Third Amendment) Regulations, 2024.X X X X Extracts X X X X X X X X Extracts X X X X ..... lations may be called the Securities and Exchange Board of India (Real Estate Investment Trusts) (Third Amendment) Regulations, 2024. 2. They shall come into force on the date of their publication in the Official Gazette: Provided that sub-regulation (1) of regulation 3 of these regulations shall come into force on the sixtieth day from the date of its publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 , ─ (1) in regulation 18, (a) in sub-regulation (16), (i) in clause (c), A. the words and made shall be omitted; B. the words not later than fifteen days from the date of such declaration shall be substituted with the words within five working days from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olders in number entitled to vote thereat and who represent not less than ninety-five percent of such part of the units by value as gives a right to vote at the meeting. (iv) after clause (e), the following clause shall be inserted, namely, - (f) for all unit holder meetings, the manager shall provide an option to the unit holders to attend the meeting through video conferencing or other audio visual means and the option of remote electronic voting in the manner as may be specified by the Board. (b) in sub-regulation (4), in clause (b), the words the votes cast against the resolution shall be substituted with the words fifty per cent of the total votes cast for the resolution unless otherwise specified under these regulations. ; (c) in sub- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te of the declaration of distribution (excluding the date of declaration and the record date). (5) in regulation 26ZM, (a) in sub-regulation (2), (i) after clause (a) the following shall be inserted, namely, - (aa) the voting threshold specified under these regulations shall be calculated on the basis of unit holders present and voting. Explanation . The unit holders voting through the electronic voting facility and postal ballot shall be counted for the determination of unit holders present and voting; (ii) in clause (e), the existing proviso shall be substituted with the following proviso, namely, - Provided that a meeting of unit holders of each scheme may be called after giving shorter notice than that specified in this clause if consen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de No. LAD-NRO/GN/2014/15/11/1576. 2. The Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 was subsequently amended by the a. Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2016, vide No. SEBI/LAD/NRO/GN/2016-17/022, with effect from November 30, 2016. b. Securities and Exchange Board of India (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017, vide No. SEBI/LAD/NRO/GN/2016-17/38, with effect from March 6, 2017. c. Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2017, vide No. SEBI/LAD-NRO/GN/2017-18/022, with effect from December 15, 2017. d. Securities and Exchange Board of India (Real E ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge Board of India (Alternative Dispute Resolution Mechanism) (Amendment) Regulations, 2023 vide No. SEBI/LAD NRO/GN/2023/137 with effect from July 4, 2023. n. Securities and Exchange Board of India (Real Estate Investment Trusts) (Second Amendment) Regulations, 2023 vide No. LAD-NRO/GN/2023/144 with effect from August 16, 2023. o. Securities and Exchange Board of India (Facilitation of Grievance Redressal Mechanism) (Amendment) Regulations, 2023 vide No. SEBI/LAD-NRO/GN/2023/146 with effect from August 18, 2023. p. Securities and Exchange Board of India (Real Estate Investment Trusts) (Third Amendment) Regulations, 2023 vide No. SEBI/LAD-NRO/GN/2023/160 with effect from October 23, 2023. q. Securities and Exchange Board of India (Real Estat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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