Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!
you are here: HomeNewsBusiness

SAT grants interim relief to Franklin Templeton in case against SEBI order

The tribunal stayed the Securities and Exchange (SEBI) order restraining Franklin Templeton from launching a new debt scheme.

June 28, 2021 / 12:01 PM IST
The SAT also asked Franklin Templeton to deposit Rs 250 crore in 3 weeks in an escrow account.

The SAT also asked Franklin Templeton to deposit Rs 250 crore in 3 weeks in an escrow account.

The Securities Appellate Tribunal (SAT) has granted interim relief to Franklin Templeton in relation to market regulator SEBI's order

The tribunal stayed the Securities and Exchange (SEBI) order restraining Franklin Templeton from launching a new debt scheme.

The SAT also asked Franklin Templeton to deposit Rs 250 crore in 3 weeks in an escrow account.

The tribunal will next hear the matter on August 30

(This is a developing story. Please check back for updates.)



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Moneycontrol News
first published: Jun 28, 2021 11:45 am
Sections
ISO 27001 - BSI Assurance Mark