Notification under clause (u) of sub-section (1) of Section 2 of the Securitisation and Reconstruction or Financial Assets and Enforcement of Security Interest Act, 2002. - LAD-NRO/GN/2012-13/09/17427 - SEBI
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Qualified institutional buyer status extended to registered Alternative Investment Funds for purposes of securitisation law. The regulator, 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, specifies that an Alternative Investment Fund which is a body corporate and registered under the Alternative Investment Funds Regulations, 2012, shall be a qualified institutional buyer for the purposes of that Act, thereby aligning registered corporate AIFs with the qualified institutional buyer category under the securitisation and enforcement framework.
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.
Qualified institutional buyer status extended to registered Alternative Investment Funds for purposes of securitisation law.
The regulator, 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, specifies that an Alternative Investment Fund which is a body corporate and registered under the Alternative Investment Funds Regulations, 2012, shall be a qualified institutional buyer for the purposes of that Act, thereby aligning registered corporate AIFs with the qualified institutional buyer category under the securitisation and enforcement framework.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
