CS Professional · Strategic Management and Corporate Finance · Infrastructure Investment Trusts
Which of the following persons is NOT among the parties that the InvIT Regulations require to be associated with the trust and meet eligibility criteria?
A merchant banker is not a continuing party of the InvIT structure. The Regulations prescribe eligibility for the sponsor, investment manager, trustee and project manager, whereas a merchant banker is appointed only for a particular issue of units.
- ASponsor
- BInvestment manager
- CTrustee
- DMerchant banker to the issue as a continuing partyCorrect
Explanation
The InvIT structure has the sponsor, investment manager, trustee and project manager, each of which has eligibility requirements. A merchant banker is engaged for an issue and is not a continuing party of the trust structure.
Did you get it right without looking?
One question tells you little. A timed set on Infrastructure Investment Trusts shows your real accuracy, how long you take and where you lose marks.
More Infrastructure Investment Trusts questions
- An InvIT's net distributable cash flows (NDCF) for a year are ₹80 crore. Under the SEBI InvIT Regulations, which is the minimum amount it mu…
- Sagar Highways InvIT acquires a toll road through an SPV. Which holding pattern satisfies the requirement on its interest in the SPV?
- Which of the following best describes the valuation requirement for the assets of an InvIT under the SEBI InvIT Regulations?
- Under the SEBI (Infrastructure Investment Trusts) Regulations, 2014, which of the following correctly describes a privately placed InvIT?
- Under the SEBI (Infrastructure Investment Trusts) Regulations, 2014, which party to an InvIT is responsible for holding the assets of the tr…
- Under the InvIT Regulations, which of the following is required of an InvIT's sponsor at the time of applying for registration?