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Khaitan’s Siddharth Shah wins place on Jaitley-backed BSE REIT panel with 10 bankers & financiers

Khaitan & Co partner Siddharth Shah has been included on the Bombay Stock Exchange’s (BSE) advisory group on real estate investment trusts (REIT) alongside 10 representatives of various banks, real estate and financial services companies, according to the PTI.

REITs are aimed at attracting long-term funds to the cash-strapped realty sector from both foreign as well as domestic investors.

It is hoped that after the newly announced budget’s exemption from capital gains tax to popularise REITs, they will bring in around $10bn of foreign funds into the realty sector by the end of this fiscal.

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Like +1 Object -0 Sid 15 Jul 14, 12:50
Congrats Siddharth Shah
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Like +6 Object -2 Not Sure 15 Jul 14, 16:41
Is he the same guy from Nishith Desai who used to be on CNBC TV 18 all the time??
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Like +17 Object -24 AN 15 Jul 14, 18:18  controversial
yes same guy - the best funds lawyer in India.
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Like +4 Object -4 S 16 Jul 14, 16:26
You need a cap mark lawyer not a fund lawyer on the panel!
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Like +9 Object -13 Snow White 16 Jul 14, 19:11  controversial
Quoting S:
You need a cap mark lawyer not a fund lawyer on the panel!

You clearly do not understand the business and regulatory aspects of REITs. Perhaps you could take a crash course from the Shah of the Funds industry a.k.a Siddharth Shah.
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Like +3 Object -11 anfield 17 Jul 14, 11:43
spot on snow white...the number of people in this country who don't know much about anything, yet are critical just for the sake of it is staggering...its a great move by the BSE to get the best legal brains on board.
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Like +12 Object -5 Stats 17 Jul 14, 16:01  interesting  controversial
According to stats NDA (even after Siddharth left them) is the best funds law firm!
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Like +15 Object -0 Wondering 17 Jul 14, 23:56  interesting  top rated
Kian do you indicate somewhere if the article you have published is a paid publication?
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Like +4 Object -8 kianganz 18 Jul 14, 00:00
Yes, at the top it'll have a bright blue box saying "Sponsored post".

If you're implying that this is a paid for article, you should ask the PTI whether they took money from SEBI or Khaitan or DLF or something... :)
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Like +9 Object -1 NDA? 18 Jul 14, 00:03  interesting
isn't NDA still the best funds firm?
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Like +0 Object -1 why? 18 Jul 14, 00:19
kian why are not posting comments which are not controversial?.. I would like to know if NDA is still the best funds firm? why would you not post that question?
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Like +4 Object -2 Without doubt 19 Jul 14, 14:58
Yes, the best!
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Like +0 Object -0 hire them 24 Jul 14, 10:36
why dont you consult them and figure that out? or better still ask them how many funds have they closed in the last year...
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