In order to make REITs and InvITs more attractive, markets regulator Sebi said today that they will have to provide a mechanism for resolution of disputes with their shareholders and partners in the holding company.
Sebi has also amended REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) regulations in order to facilitate the growth of such trusts.
In separate notifications posted on its website, Sebi said: "Shareholders' agreement or partnership agreement shall provide for an appropriate mechanism for resolution of disputes between the InvIT and the other shareholders or partners in the holdco and/or the SPV (special purpose vehicle)."
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