Gujarat HC order stays e-voting process on Franklin MF wound-up schemes

Fund house confirms the e-voting process to remain suspended till further notice

Gujarat High Court (HC) on Monday rejected Franklin Templeton Mutual Fund’s (FT MF) appeal to vacate the stay on the e-voting process and said that the stay would be in force till the findings of forensic audit report comes in the public domain.

The e-voting was scheduled to be held on Tuesday (i.e. June 9). FT MF also confirmed that the e-voting will be suspended for now.

“Pursuant to the order dated 8th June 2020 issued by the honourable High Court of Gujarat, the e-voting scheduled for June 9-11, 2020 and unitholders’ meeting on June 12, 2020, related to the