Page 6 - The Voting News Today

Federal Minister for Science and Technology Chaudhry Fawad Hussain introduced an electronic voting machine saying it would ensure transparency

Apex Court seeks Centre, EC response on plea for e-voting Raj, representing petitioner K. Sathyan, a native of Kerala, said the electoral law needs to be brought in tune with the modern times and technology Thursday February 18, 2021 3:06 PM, IANS New Delhi: The Supreme Court of India on Thursday sought a response from the government and the Election Commission on a plea seeking introduction of e-voting, decentralising the voting system, and enhancing the system of postal voting to other catego...

Read more about Franklin Templeton: SC upholds validity of e-voting for winding up 6 MFs on Business Standard. Apex court rejects objections raised by a few investors against e-voting results, directs for winding up, disbursement of funds to continue as per earlier orders

The Supreme Court on Friday upheld the validity of e-voting process for winding up of six mutual fund schemes of Franklin Templeton, and said disbursal of funds to unit holders will continue.

Maulik Madhu BL Research Bureau | Updated on February 05, 2021 × The AMC should distribute ₹9,122 crore to affected investors. But investors in Franklin India Income Opportunities Fund will not receive any part of this amount.   Following the sudden closure of six debt mutual fund schemes by Franklin Templeton Mutual Fund on April 23, 2020, all redemptions from the scheme were halted. Investors were left wondering when their money invested in these schemes would be returned. On February 2,...

SEBI observer flags discrepancies in voting on Franklin Templeton debt funds closure January 20, 2021 × There were significant variations in e-voting process followed by FTMF vis-à-vis that prescribed under the Companies Act TS Krishnamurthy, the SEBI-appointed observer to monitor the e-voting conducted by Franklin Templeton Mutual Fund (FTMF) with regard to the closure of six debt schemes, has highlighted a number of ‘discrepancies’ in his report submitted to the Supreme Court. FTMF had ...

Supreme Court to decide on distribution of money to Templeton unitholders after hearing objections to e-voting SECTIONS Supreme Court to decide on distribution of money to Templeton unitholders after hearing objections to e-votingPTI Last Updated: Jan 18, 2021, 07:58 PM IST Share Synopsis The apex court is hearing an appeal filed by Franklin Templeton against the High Courts order which stopped the fund house from winding up its debt fund schemes without prior consent of the investors. NEW DEL...

Dewan Housing Finance Corporation announced that the e-voting on resolutions pursuant to the Eighteenth (18th) meeting of the Committee of Creditors of the Company (CoC) concluded on 15 January 2021 at 8 pm IST and the resolution plan submitted by Piramal Capital and Housing Finance (under Option I in terms of the RFRP dated 16 September 2020) was duly approved by CoC by majority voting under section 30(4) of the Insolvency & Bankruptcy Code read with Reg. 39(3) of CIRP Regulations, as the succ...

Dewan Housing Finance Corporation (DHFL) hit an upper circuit of 5% at Rs 27.50 after the Committee of Creditors (CoC) of the company approved the resolution plan submitted by Piramal Capital and Housing Finance. In a regulatory filing made on Sunday (17 January 2021), the mortgage lender said that the e-voting on resolutions pursuant to the 18th meeting of the Committee of Creditors of the company (CoC) concluded on 15 January 2021 and the resolution plan submitted by Piramal Capital and Housi...

Synopsis According to the observer’s (TS Krishnamurthy) report over 90% of the unit holders in these six schemes have voted for winding up. Franklin Templeton Mutual Fund has got a YES nod from the unit holders to wind up the six shut schemes. The observer’s (TS Krishnamurthy) report suggests that over 90% of the unit holders in these six schemes have voted for winding up, sources suggest. The e-voting process took place from December 26-28, 2020. SEBI had appointed Taruvai Subayya Krishnam...