vimarsana.com

இந்தியன் திவால்நிலை குறியீடு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Franklin case: Mutual fund holders cannot be equated with creditors, home buyers, says Supreme Court

Mutual fund holders cannot be equated with creditors, home buyers, says Supreme Court SECTIONS Last Updated: Jul 15, 2021, 12:54 PM IST Share Synopsis The Supreme Court on Wednesday termed “unsound and incongruous,” the submissions that the mutual fund holders can be equated with the creditors or the home buyers under the relevant laws. Agencies The Supreme Court on Wednesday termed “unsound and incongruous,” the submissions that the mutual fund holders can be equated with the creditors or the home buyers under the relevant laws. The observations were made by the top court in a judgement by which it held that the trustees are required to seek consent of majority unit-holders for closing mutual fund schemes after publishing notice disclosing reasons for their decision to wind up of debt schemes.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.