Franklin Templeton MF: SC Reserves Order after Completing 1st Phase; Next Hearing in July moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
ED Probes Franklin Templeton, Its Officials for Money Laundering
IANS
2
The enforcement directorate (ED) has registered a case of money laundering against Franklin Templeton and its senior officials.
A senior ED official related to the probe told IANS, We have registered a case of money laundering against Franklin Templeton and its senior officials.
The official said the agency registered the case on the basis of an FIR (first information report) lodged by the economic offences wing (EOW) of the Chennai police.
Notably, the EOW of the Chennai police had registered an FIR against the beleaguered Franklin Templeton Asset Management India Pvt Ltd and Franklin Templeton Trustee Services Pvt Ltd for hatching a criminal conspiracy to defraud three lakh investors by causing wrongful loss to them and unlawful gain to themselves by committing various offences under the IPC (Indian Penal Code).
Madras High Court disposes writ seeking NSE IPO stay declines to entertain the writ as it appears to be “premature”
February 04, 2021
National stock exchange (NSE), the country s largest bourse, has neither sought SEBI permission for floating an initial public offering ( IPO) nor has it been granted any such prior permission by the capital markets regulator for embarking on such an exercise.
This position has been revealed by the Madras High Court in a January 8 order while disposing off a writ petition filed by the Chennai Financial Markets and Accountability, which wanted the Court to direct SEBI to exercise its powers to forbear the IPO of the National Stock Exchange .
Over 10 mutual funds may go Franklin Templeton way causing Rs 15 lakh crore loss: Report orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.