Franklin Templeton Mutual Fund has said that the electronic voting process for winding up of six debt mutual fund schemes scheduled for June 9-11 stands suspended.
The unitholders' meet that was to be held on June 12 has also been deferred.
The statement comes after the Gujarat High Court dismissed the fund house's plea for vacating the stay granted by the court on the e-voting process and unitholders meet.
"Pursuant to the order dated 8th June 2020 issued by the Honourable High Court of Gujarat, the e-voting scheduled for 9-11 June 2020 and unitholders meeting on June 12, 2020, related to the schemes