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SC orders disbursal of Rs 9K cr to unitholders of Franklin Templeton s 6 MF schemes PTI Updated Feb 3, 2021, 8:54 am IST The bench granted liberty to the litigating parties to approach the court in case of any difficulty in the disbursal of money Franklin Templeton Investments Logo (Wikipedia) New Delhi: The Supreme Court Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton s six mutual fund schemes which are proposed to be wound up. A bench of Justices S A Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders interest in the assets. ....
»SC Orders Disbursal of Rs 9,122 Crore to Unitholders of Franklin Templeton s 6 Mutual Fund Schemes 3-MIN READ SC Orders Disbursal of Rs 9,122 Crore to Unitholders of Franklin Templeton s 6 Mutual Fund Schemes The Supreme Court of India. (Image: PTI) The court also gave the parties liberty to move applications in case of any difficulty arising out of the process. The lawyer, representing Franklin Templeton Trusts Services Limited, told the bench that the company would render cooperation with SBI Mutual Fund. FOLLOW US ON: The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton s six mutual fund schemes which are proposed to be wound up. A bench of Justices S A Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders interest in the assets. In the proceedings conducted through video conferencing, the bench entrusted State Bank of India (SBI ....
NEW DELHI: The Supreme Court Monday said it would first deal with the issues related to objection to the e-voting process for winding up Franklin Templeton s six mutual fund schemes and distribution of money to the unitholders. A bench comprising Justices S A Nazeer and Sanjiv Khanna posted the matter for hearing on February 1 after one of the lawyers, appearing in the case, referred to a recent media report and sought time to file an application placing on record certain new facts. The bench permitted the lawyer to file application within three days and said that response to the plea be filed within three days thereafter. ....
Bennett Coleman & Company Ltd, India s top newspaper publisher and television channel owner, on Monday said it is mulling legal action against BARC over its alleged role in the manipulation of TV ratings. In a statement, BCCL said it is contemplating legal action against Broadcast Audience Research Council (BARC) over alleged fraud in declaring rival Republic TV as leading in the English News Genre ahead of the group s Times Now news channel. BARC s Forensic Audit of July 2020, as well as the multiple emails and WhatsApp chats of that period, which has been accessed by Mumbai Police, clearly shows that BCCL s Times Now s TRPs were indeed manually reduced by BARC officials. ....