1.0Law Times Journalhttps://lawtimesjournal.inT. Madihahttps://lawtimesjournal.in/author/t-madiha/SC: Franklin Templeton challenging Karnataka High Court orderrich600338<blockquote class="wp-embedded-content" data-secret="G1oIhXAEOs"><a href="https://lawtimesjournal.in/sc-franklin-templeton-challenging-karnataka-high-court-order/">SC: Franklin Templeton challenging Karnataka High Court order</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://lawtimesjournal.in/sc-franklin-templeton-challenging-karnataka-high-court-order/embed/#?secret=G1oIhXAEOs" width="600" height="338" title="“SC: Franklin Templeton challenging Karnataka High Court order” — Law Times Journal" data-secret="G1oIhXAEOs" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://lawtimesjournal.in/wp-content/uploads/2020/11/Franklin-Templeton.jpg1200628In October 2020, the Karnataka High Court has passed the order stating that no interference can be made in the decision of the trustees to wind up the six debt schemes of Franklin Templeton Mutual Fund (FT). However, the court had clarified that the consent of unit holders as per the regulations is to be obtained before going through the winding-up process.