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          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.

          <h1>Special situation fund designation allows Category One AIFs to invest in distressed assets and act as resolution applicants.</h1> Defines special situation funds as Category One Alternative Investment Funds that may invest in specified distressed assets and act as resolution applicants; lists qualifying special situation assets-stressed loans available under central bank transfer directions or resolution plans, security receipts from registered asset reconstruction companies, and securities of investee companies linked to such stressed exposures or undergoing insolvency or continuing payment defaults with specified credit downgrades-and permits the regulator to specify additional qualifying assets.

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