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Section 28

the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 (last amended on 22.04.2019)Central Regulations · 1992

(1) Before ordering an inspection under regulation 27, the Board shall give not less than ten days notice to the trustee of the REIT.

(2) Notwithstanding anything contained in sub-regulation (1), where the Board is satisfied that in the interest of the investors no such notice should be given, it may, by an order in writing, direct that the inspection of the affairs of the REIT be taken up without such notice.

(3) During the course of an inspection, the REIT against whom the inspection is being carried out and parties to the REIT shall be bound to discharge their obligations as provided in regulation 29.

Obligation of REIT, parties to the REIT and any other associate persons on inspection.

Where this provision sits

Actthe Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 (last amended on 22.04.2019)
Section28
JurisdictionCentral
StatusIn force as published by the source

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