https://www.taxtmi.com/acts?id=40465 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. en-us Tue, 25 Jan 2022 13:03:20 +0530 Thu, 29 Aug 2024 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40465 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. Act-Rules SEBI Tue, 25 Jan 2022 13:03:20 +0530 https://www.taxtmi.com/acts?id=40465