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....ariations shall be construed accordingly,- (1) "resolution applicant" shall have the same meaning as assigned to it under the Insolvency and Bankruptcy Code, 2016; (2) "special situation asset" includes,- (a) stressed loan available for acquisition in terms of Clause 58 of Master Direction - Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 as amended from time to time or a....

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....ings, security receipts have been issued by an Asset Reconstruction Company registered with the Reserve Bank of India; (iii) whose borrowings are subject to corporate insolvency resolution process under Chapter II of the Insolvency and Bankruptcy Code, 2016; (iv) who have disclosed all the defaults relating to the payment of interest/ repayment of principal amount on loans from banks / financi....