To boost corporate governance norms, SEBI has notified rules introducing special rights to unitholders of REITs who can now nominate representatives on the boards.Unitholders holding not less than ______ of the total outstanding units of the REIT, either individually or collectively, shall be entitled to nominate one director on the board of directors of the manager.
To boost corporate governance norms, SEBI has notified rules introducing special rights to unitholders of REITs who can now nominate representatives on the boards. Also, the regulator has introduced the concept of a self-sponsored real estate investment trust (REIT). Further, the principles of stewardship code would apply to members, nominated by the unitholders, on the board of directors of investment managers of REIT. Unitholders holding not less than 10 per cent of the total outstanding units of the REIT, either individually or collectively, shall be entitled to nominate one director on the board of directors of the manager. The sponsor of InvIT/ REIT would be required to hold a certain minimum unitholding on a reducing scale for the entire life of the InvIT/ REIT & will collectively hold at least 15 per cent of the total units of the REIT, for three years from the date of listing of units in the initial offer. Any holding by the sponsor exceeding 15 per cent will be held for at least one year from the date of listing of units issued in the initial offer.
India has targeted to achieve Sustainable Development Goals (SDGs) target of Maternal Mortality Ratio (MMR) of ____ maternal deaths per lakh live births...
Which of the following Indian composers is famous for the karnatak musical instrument (ghatam)?
The Sattriya dance form was introduced in the _________ by the great Vaishnava saint and reformer of Assam Mahapurusha Sankaradeva.
Which of the following states is home to the only mine in the country involved in industrial-scale mining of diamonds?
Consider the following statements about the Kakori train conspiracy.
1. In the incident of Kakori, the main conspirator was Ram Prasad Bismil. <...
What is the shallowest part of an ocean showing an average gradient of 1° or even less called?
In December 2021, who planned to establish 1000 Atal tinkering labs in Jammu and Kashmir?
Which of the following dances is performed during festivals like Eid al-Fitr and Ramzan in Jammu and Kashmir?