Source:-https://www.thenewsminute.com The Supreme Court on Wednesday asked the Securities and Exchange Board of India (SEBI) to appoint an observer for overseeing the e-voting process, scheduled in the last week of December, with regard to winding up Franklin Templeton’s six mutual fund schemes. The apex court said that its December 3 order, in which it had
Source:-https://www.hindustantimes.com Franklin Templeton Mutual Fund (FT) moved the Supreme Court on Monday, challenging a Karnataka high court order that said its decision to wind down six debt schemes in April required a simple majority consent from unitholders. In October, the high court had ordered that trustees should not take any action on the winding-up of
Source:-https://www.financialexpress.com Franklin Templeton Mutual Fund on Monday moved the Supreme Court challenging a part of the Karnataka High Court’s order that asked the fund house to obtain the consent of unitholders of the six debt mutual fund schemes that it proposed to wind up. The HC also restricted the company and trustees from taking on
Source:-https://www.business-standard.com The Karnataka High Court deferred its judgement in the Franklin Templeton Asset Management (India) case on Monday, with the court passing an order to take on record duly notarised copies of affidavits filed by the asset manager (e-filed originally) as per the standard operating procedure of the court, said a person familiar with the
