https://www.taxtmi.com/acts?id=40469 Special situation funds may invest only in special situation assets and may act as resolution applicants under the Insolvency and Bankruptcy Code. They are prohibited from investing in their associates, in units of any AIF other than units of a special situation fund, and in units of special situation funds managed or sponsored by their manager, sponsor or associates. Investments in stressed loans acquired under the Transfer of Loan Exposures Master Direction are subject to a lock-in period specified by the Board. en-us Tue, 25 Jan 2022 13:09:26 +0530 Thu, 29 Aug 2024 14:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40469 Special situation funds may invest only in special situation assets and may act as resolution applicants under the Insolvency and Bankruptcy Code. They are prohibited from investing in their associates, in units of any AIF other than units of a special situation fund, and in units of special situation funds managed or sponsored by their manager, sponsor or associates. Investments in stressed loans acquired under the Transfer of Loan Exposures Master Direction are subject to a lock-in period specified by the Board. Act-Rules SEBI Tue, 25 Jan 2022 13:09:26 +0530 https://www.taxtmi.com/acts?id=40469