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cvc: Madras High Court issues notice to Sebi official, CVC on PIL in NSE co-location case

The Madras High Court has issued notices to Sebi s Whole-Time Member SK Mohanty and Central Vigilance Commission (CVC) regarding the NSE co-location scam on a petition filed by Chennai Financial Markets Accountability (CFMA). The Chennai-based group accused Sebi of intentionally misdirecting and derailing the investigation into the scam related to the alleged improper dissemination of information from the computer servers of the market exchanges to the stock brokers. CFMA had filed a complaint with CVC seeking an inquiry against Mohanty for his misdeeds during his tenure as a public servant with Sebi. ....

Tamil Nadu , Manoj Sheth , Central Vigilance Commission , Madras High Court , Exchange Board Of India Sebi , National Stock Exchange , Whole Time Member , Chennai Financial Markets Accountability , Central Vigilance , Exchange Board , Corruption Act ,

Why Are Franklin Templeton's Investors Being Scared into Voting without Adequate Information?

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Franklin Templeton Mutual Fund (FTMF), which sent shock waves in April 2020 by suspending six debt schemes, has written to three lakh unit-holders who invested Rs26,000 crore in these schemes for consent to their winding up. This permission itself is the result hard-fought litigation and an order of the Karnataka High Court and the Supreme Court (SC).

But there is something more worrying, almost sinister, this time. While the e-voting is to take place from 26th December to 28th December, there seems to be an orchestrated campaign using social media to push people into signing away their rights without adequate information. FTMF wants unit-holders to vote blind, without any information about the extent of loss, the culpability of its own fund managers, the failure of its trustees, what investors can hope to get back and the payment schedule. ....

Tamil Nadu , Virendra Jain , Vijay Bhushan , Indian Mfs , Justice Khanna , Ajay Tyagi , Karnataka High Court , Supreme Court , Franklin India Low Duration Fund , Exchange Board Of India , Franklin India Credit Risk Fund , Franklin Templeton Mutual Fund , Midas Touch Investors Association , Franklin India Income Opportunities Fund , Why Are Franklin Templeton , Investors Being Scared , Templeton Mutual Fund , Exchange Board , Chennai Financial Markets Accountability , Midas Touch , Franklin India Short Term Income Plan , Franklin India Credit Risk , தமிழ் நாடு , வீரேந்திர ஜெயின் , விஜய் பூஷன் , இந்தியன் ம்ஃப்ஸ் ,