English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessSAT grants interim relief to Franklin Templeton in case against SEBI order

    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.

    Moneycontrol News
    June 28, 2021 / 12:01 IST
    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.)

    Moneycontrol News
    first published: Jun 28, 2021 11:45 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347