https://www.taxtmi.com/notifications?id=137545 The Regulations introduce special situation funds as a Category I AIF, define special situation assets (including specified stressed loans, security receipts, securities of stressed investee companies and insolvency subject borrowings), permit such funds to act as resolution applicants, and require registration under Chapter II. Schemes must meet Board specified corpus and investor investment size thresholds; investments are limited to special situation assets, barred from investing in associates or non special situation AIFs, and certain stressed loan acquisitions are subject to a Board specified lock in. en-us Mon, 24 Jan 2022 00:00:00 +0530 Tue, 25 Jan 2022 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=137545 The Regulations introduce special situation funds as a Category I AIF, define special situation assets (including specified stressed loans, security receipts, securities of stressed investee companies and insolvency subject borrowings), permit such funds to act as resolution applicants, and require registration under Chapter II. Schemes must meet Board specified corpus and investor investment size thresholds; investments are limited to special situation assets, barred from investing in associates or non special situation AIFs, and certain stressed loan acquisitions are subject to a Board specified lock in. Notifications SEBI Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=137545