homemarket Newsstocks NewsSAT 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 Board of India's (SEBI) order restraining Franklin Templeton from launching a new debt scheme.
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 Board of India's (SEBI) order restraining Franklin Templeton from launching a new debt scheme.
The SAT has 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. Check back for updates.)
First Published: Jun 28, 2021 12:21 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election Phase 5 Voting Live Updates: Polling to begin on 49 seats across 8 states, UTs
May 20, 2024 6:34 AM
Gonda Lok Sabha election: BJP's Kirti Vardhan Singh takes on Beni Prasad Verma's granddaughter Shreya
May 19, 2024 10:19 PM