SC to hear Franklin Templeton MF's plea on e-voting process on Friday

Gujarat HC to hear Sebi's appeal on stay order same day

The Supreme Court (SC) will hear Franklin Templeton Mutual Fund’s (FT MF) appeal to vacate stay order on unitholders’ e-voting process on Friday. Incidentally, the Gujarat High Court (HC) will also hear the plea filed by the Securities and Exchange Board of India (Sebi) on seeking remedy from the single-judge bench stay order of the HC.

Sebi has filed letter patent appeal (LPA), which is an appeal filed to seek hearing in the matter before a larger bench in the same court.

The Gujarat HC had