Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Sebi suggests easing rules for public listing of private InvITs
SEBI is proposing to relax norms for converting private Infrastructure Investment Trusts (InvITs) into public ones. This move aims to make it easier for private InvITs, which are vehicles for monetizing infrastructure assets, to raise capital from a broader base of investors by going public. The relaxed regulations could involve reduced compliance burdens or simplified procedural requirements, making the public listing process more attractive. This initiative is expected to boost infrastructure development by facilitating greater investment in the sector, providing an easier exit route for initial investors, and offering more diverse investment opportunities for the public, thus enhancing liquidity and capital formation in infrastructure.