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Franklin Templeton case: What next after investors vote for winding up 6 debt schemes

Franklin Templeton case: What next after investors vote for winding up 6 debt schemes
Franklin Templeton case: What next after investors vote for winding up 6 debt schemes
A majority of unitholders have voted in favour of winding up six frozen debt schemes offered by Franklin Templeton. The development seems good for investors who are now a step closer to getting back their money.
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UPDATED: January 19, 2021 13:50 IST
Overall, more than 90 per cent of the votes were cast for winding up the six schemes that were suspended in 2020. (Photo: Reuters/Representational image)
A majority of unitholders in six frozen debt schemes of the Franklin Templeton Mutual Fund have voted in favour of their closure, according to the observer’s report submitted before the Supreme Court (SC) on Monday. ....

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Franklin investors give the go-ahead for shutting of six debt schemes

Read more about Franklin Templeton gets investors nod for winding up six schemes on Business Standard. The fund house could take second vote for appointing a liquidator ....

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