SEBI

SEBI extends due date for regulatory filings & compliances for InvITs & REITs for period ending 31.03.2021

SEBI extends due date for regulatory filings & compliances for InvITs and REITs for period ending 31.03.2021 due to 2nd wave of CoVID-19 pandemic. 

SECURITIES AND EXCHANGE BOARD OF INDIA

CIRCULAR

SEBI/HO/DDHS/DDHS_Div3/P/CIR/2021/563

May 14, 2021

To,
All Infrastructure Investment Trusts (InvITs)
All Real Estate Investment Trusts (REITs)
All Parties to InvITs
All Parties to REITs
All Recognized Stock Exchanges
All Depositories

Madam / Sir,

Sub: Relaxation from compliance to REITs and InvITs due to the CoVID -19 virus pandemic

1.SEBI is in receipt of representations from InvITs and REITs requesting extension of timelines for various regulatory filings and compliances for InvITs and REITs for the period ending March 31, 2021, inter-alia,due to ongoing second wave of the CoVID-19 pandemic and restrictions imposed by various state governments.

2. After consideration, it has been decided to extend the due date for regulatory filings and compliances for InvITs and REITs for the period ending March 31, 2021 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 thereunder.

3. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 33 of InvIT Regulations and Regulation 33 of the REIT Regulations.

This Circular is available on SEBI website at www.sebi.gov.inunder the link “Legal →Circulars”.

Yours faithfully,

Sabir Sawant Deputy
General Manager
Department of Debt and Hybrid Securities
Email id -sabirvs@sebi.gov.in

Share

Recent Posts

  • Income Tax

AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT

AO not justified in rejecting registered valuer’s report without making a reference to the DVO - ITAT In a recent…

4 days ago
  • FCRA

FCRA specifies list of 105 purposes to be selected for which registration is applied

FCRA specifies list of purposes to be selected for which registration is applied.  The Ministry of Home Affairs has notified…

1 week ago
  • Income Tax

Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a…

1 week ago
  • Government

Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court

Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate - Delhi HC…

1 week ago
  • Income Tax

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned…

1 week ago
  • Income Tax

Addition deleted as assessee was only a carrier of cash not owner who came up to own it

Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash…

2 weeks ago