Corporate Updates – 29-09-2014


SEBI has hereby, makes the regulations for Real Estate Investment Trusts and registration and regulation thereof with the name Securities & Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 which shall come into force on the date of their notification in the Official Gazette. According to these regulations, no person shall act as a Real Estate Investment Trusts unless it is registered with the Board under these regulations.

42nd Chief Justice of India

Justice HL Dattu was on Sunday sworn in as the Chief Justice of India. He was administered the oath of office by President Pranab Mukherjee. He is the 42nd Chief Justice of India and will be at the helms of the Indian judiciary till December 2, 2015. He succeeds Chief Justice RM Lodha who demitted office September 27. From 1983 onwards, he appeared in various capacities before the Karnataka High Court, including as a government pleader for Sales Tax department, standing counsel for Income Tax department and later as a government advocate. After being designated as a senior standing counsel for IT department in 1995, Justice Dattu was elevated as a judge of the Karnataka High Court. He was elevated as the Chief Justice of the Chhattisgarh High Court in February 2007 and shortly afterwards shifted in the same capacity to the Kerala High Court. He joined the Supreme Court as a judge in December 2008.

News from ICSI

The Council of the Institute of Company Secretaries of India has issued its Thirty Fourth Annual Report and audited statements of consolidated accounts along with the Auditors’ Report thereon for the year ended March 31, 2014. In this report, the programmes and activities organized and initiatives taken, subsequent to the above period, till the date of this report have also been included.


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