SEBI Releases Format of ‘Annual Secretarial Compliance Report for REITs
- Blog|News|Company Law|
- < 1 minute
- By Taxmann
- |
- Last Updated on 28 June, 2023
Latest from Taxmann
Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/103, Dated: 26.06.2023
As per Regulation 26D of SEBI (Real Estate Investment Trusts) Regulations, 2014 the manager of REIT is required to submit a secretarial compliance report given by a practicing company secretary to the stock exchanges, within 60 days from the end of each financial year. The secretarial compliance report shall be annexed with the annual report of the REIT.
Accordingly, the Manager of the REIT, on an annual basis, shall appoint a practicing company secretary to examine the compliance of all applicable SEBI Regulations, circulars and guidelines issued thereunder. Subsequently, the practicing company secretary shall submit a report to the manager of the REIT.
Now, SEBI has specified the format for the annual secretarial compliance report. The annual secretarial compliance report shall also be made part of the annual report of the REIT. Further, this circular shall come into force with effect from the financial year 2023-24 onwards.
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
