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.
Which of the following is not correctly matched:
Ministry                                         Â...
Which of the following best describes the law of demand?
The risk that the bank will not receive funds from its counter-parties on the due date is called
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
Consider the following Statements and choose the option with correct Statements.
I- Pradhan Mantri Awaas Yojana –Gramin (PMAY-G) was launched i...
Which of the following statement is not true:
1.At the international level, the function of treasury management is concerned with management of f...
With respect to the Finance Bill, consider the following statements:
I. Imposition
II. Amendment
III. Remission
IV. Alterati...
In a period of falling prices, a firm reporting under LIFO compared to reporting under FIFO, will have a higher ______
Which of the following model/ method makes use of Beta (β) in the calculation of the cost of equity?
What type of products does IIBX propose to introduce in the future?