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COVID-19: SEBI relaxes compliance to REITs and InvITs [Read Circular]

By Taxscan Team -

The Securities and Exchange Board of India (SEBI), for the second time, extended the due date for regulatory filings and compliances for REITs and InvITs owing to the impact of the CoVID-19 pandemic.

SEBI, through a circular dated March 23, 2020, had granted temporary relaxations in compliance requirements for REITs and InvITs. In the said circular, the due date for regulatory filings and compliances for REIT and InvIT for the period ending March 31, 2020, was extended by one month over and above the timelines, prescribed under  SEBI  (Infrastructure  Investment  Trusts)  Regulations,  2014(InvIT Regulations) and SEBI (Real estate Investment Trusts) Regulations, 2014 (REIT Regulations) and circulars issued under that.

To Read the full text of the Circular CLICK HERE