Franklin Templeton Case: Karnataka HC Directs Trustee To Obtain Consent Of Unit Holders, Upholds MF Regulations
Headquarters of Franklin Resources Inc., parent company of money management unit Franklin Templeton, are seen in the early morning hours in San Mateo, California. (Photographer: Noah Berger/Bloomberg News)

Franklin Templeton Case: Karnataka HC Directs Trustee To Obtain Consent Of Unit Holders, Upholds MF Regulations

The Karnataka High Court, in an order on Saturday, said the decision to wind-up six schemes of Franklin Templeton cannot be implemented unless the trustee obtains the consent of unit holders by a s...
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