Posts tagged with "high-court"


  • Oct 27, 2020

    Franklin Saga Drags On

    Franklin has been in the news quite a bit due to the decision to wind-up six of its funds. After deciding to wind-up the funds the fund house was planning to get unit holder's consent for disbursing cash from liquidated papers. However, some investors did not like the decision and started legal proceedings against the fund house. Unit holders filed cases in multiple High Courts. Now we all know how long courts take to pass judgement on just one case. Given there were multiple cases I was not very positive that something will happen any time soon.

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