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of <h1>SEBI Recognizes Alternative Investment Funds as Qualified Institutional Buyers Under Securitisation Act, 2002.</h1> The Securities and Exchange Board of India (SEBI) issued a notification under clause (u) of sub-section (1) of Section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. This notification specifies that an Alternative Investment Fund, which is a body corporate registered under the SEBI (Alternative Investment Funds) Regulations, 2012, is recognized as a qualified institutional buyer for the purposes of the Act. The notification was authorized by the SEBI Chairman and is identified by the reference number LAD-NRO/GN/2012-13/09/17427, dated 3rd August 2012.
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