Legal glossary

“[4] [qualified buyer]”

Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
  1. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · s. 2

    (u) "[4] [qualified buyer]" means a financial institution, insurance company, bank, state financial corporation, state industrial development corporation,[2] [trustee or[3] [asset reconstruction company] which has been granted a certificate of registration under sub-section (4) of section 3 or any asset management company making investment on behalf of mutual fund] or a foreign institutional investor registered under the Securities and Exchange Board of India Act, 1992 (15 of 1992) or regulations made thereunder,[1] [any category of non-institutional investors as may
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