Special situation funds investment conditions require board-specified corpus and investor minimums and restrict investments from other AIFs. Special situation funds must establish each scheme with a corpus specified by the Board, accept from an investor only investments of the value specified by the Board, and are prohibited from accepting investments from any other Alternative Investment Fund except special situation funds.
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Provisions expressly mentioned in the judgment/order text.
Special situation funds investment conditions require board-specified corpus and investor minimums and restrict investments from other AIFs.
Special situation funds must establish each scheme with a corpus specified by the Board, accept from an investor only investments of the value specified by the Board, and are prohibited from accepting investments from any other Alternative Investment Fund except special situation funds.
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