SC transfers all pleas challenging winding up of Franklin Templeton debt schemes to Karnataka HC, directs CJ to decide matter in 3 months

The pending matters have been directed to be heard and decided by a Bench headed by the Chief Justice of the Karnataka High Court within three months.
Supreme Court
Supreme Court

The Supreme Court last week directed the transfer of all petitions related to the winding up of six Franklin Templeton India debt schemes from various high courts to the Karnataka High Court within 15 days. (Franklin Templeton Trustee Services Pvt. Ltd. v. Areez Pirozsha Khambatta & Ors.)

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