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HomeNewsBusinessMarketsHow a proposed change in Special Situations Fund norms could end roundtripping through AIFs

How a proposed change in Special Situations Fund norms could end roundtripping through AIFs

Experts, however, point out that the norms need to be detailed a little more to ensure innocent promoters with no malafide intent are not affected

Certain amendments suggested are targeted specifically to eliminate conflict of interest, according to legal experts.

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