Franklin Templeton Debt Schemes: Supreme Court asks SEBI to appoint observer for e-voting process; stay on redemptions to continue

The Court took on record a submission urging that Franklin Templeton must give unit holders the option of voting on winding up of the schemes through postal ballot or physical appearance.
Franklin Templeton, Supreme Court
Franklin Templeton, Supreme Court

The Supreme Court today asked the Securities and Exchange Board of India (SEBI) to appoint an observer to oversee the e-voting process in relation to the Franklin Templeton debt schemes that were wound up this year.

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