Definition of person in securitisation law expanded to include pooled investment vehicles, altering scope of coverage. Amendment expands the definition of person to include pooled investment vehicles as defined in the Securities Contracts (Regulation) Act, and revises the wording in the definitions provision concerning board appointment language from 'the Board appointed by any company' to 'the Board and appointed,' altering the Act's definitional text.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definition of person in securitisation law expanded to include pooled investment vehicles, altering scope of coverage.
Amendment expands the definition of person to include pooled investment vehicles as defined in the Securities Contracts (Regulation) Act, and revises the wording in the definitions provision concerning board appointment language from "the Board appointed by any company" to "the Board and appointed," altering the Act's definitional text.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
