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CHAPTER I PRELIMINARY

1    Short title and commencement

2    Definitions

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CHAPTER II REGISTRATION OF InvITs

3    Registration of infrastructure investment trusts

4    Eligibility criteria

5    Furnishing of further information, clarification

6    Procedure for grant of certificate

7    Conditions of certificate

7A  De-classification of the status of sponsor

8    Procedure where registration is refused

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CHAPER III RIGHTS AND RESPONSIBILITIES OF PARTIES TO THE InvIT, VALUER AND AUDITOR

9     Rights and responsibilities of trustee

10   Rights and responsibilities of investment manager

11   Responsibilities of project manager

12   Responsibilities of Sponsor(s)

13   Rights and responsibilities of the valuer and auditor

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CHAPTER IV OFFER OF UNITS OF InvIT AND LISTING OF UNITS

14   Issue of units and allotment

15   Offer document or placement memorandum and advertisements

16   Listing and trading of units

17   Delisting of units and winding up of the InvIT

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CHAPTER V INVESTMENT CONDITIONS, RELATED PARTY TRANSACTIONS, BORROWING AND VALUATION OF ASSETS

18   Investment conditions and dividend policy

19   Related party transactions

20   Borrowings and deferred payments

21   Valuation of assets

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CHAPTER VI RIGHTS OF UNIT HOLDERS, GENERAL OBLIGATIONS, DISCLOSURES AND REPORTING

22   Rights and meetings of unit holders

22A Dispute Resolution

23   Disclosures

24   Submission of reports to the Board

25   Power to call for information

26   Maintenance of records

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CHAPTER VIA FRAMEWORK FOR PRIVATE PLACEMENT OF UNITS OF INVITS WHICH ARE NOT LISTED

26A   Applicability

26B   Raising of funds and investments

26C   Disclosures

26D   General

26E   Surrender of certificate

26F   Listing of units

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CHAPTER VIB OBLIGATIONS OF THE INVESTMENT MANAGER

26G   Application of the Securities and Exchange Board of India (Listing Obligations and                          Disclosure Requirements) Regulations, 2015

26H   Additional Requirements

26I     Vigil Mechanism

26J    Secretarial Compliance Report

26K   Quarterly Compliance Report on Corporate Governance

26L    Facilitation of Grievance Redressal

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CHAPTER VII INSPECTION

27   Boards right to inspect

28   Notice before inspection

29   Obligation of InvIT, parties to the InvIT and any other associate persons on inspection

30   Submission of report to the Board

31   Communication of findings etc. to the InvIT

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CHAPTER VIII PROCEDURE FOR ACTION IN CASE OF DEFAULT

32   Liability for action in case of default

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CHAPTER VIIIA POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS

32A   Exemption from enforcement of the regulations in special cases

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CHAPTER IX MISCELLANEOUS

33      Power of the Board to issue clarifications

33A   Power to relax strict enforcement of Regulations

34     Other InvITs

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SCHEDULE I

APPLICATION FOR GRANT OF CERTIFICATE OF REGISTRATION AS INFRASTRUCTURE INVESTMENT TRUST & FORMAT OF CERTIFICATE

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SCHEDULE II

FEES

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SCHEDULE III

MANDATORY DISCLOSURES IN OFFER DOCUMENT or PLACEMENT MEMORANDUM or FOLLOW ON OFFER DOCUMENT

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SCHEDULE IV

MANDATORY DISCLOSURES

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SCHEDULE V

MANDATORY MINIMUM DISCLOSURES IN FULL VALUATION REPORT

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SCHEDULE VI

CODE OF CONDUCT FOR InvIT AND PARTIES TO THE InvIT

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SCHEDULE VII

MINIMUM INFORMATION TO BE PLACED BEFORE BOARD OF DIRECTORS OF THE INVESTMENT MANAGER & COMPLIANCE CERTIFICATE

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SCHEDULE VIII

STEWARDSHIP CODE

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