Apex Court upheld the validity of e-voting process for winding up of Franklin Templeton's Six Mutual Fund Schemes. The Court observed that for the purpose of clause (c) to Regulation 18(15), consent of the unitholders would mean consent by majority of the unitholders who have participated in the poll, and not consent of majority of all the unitholders of the scheme.
from taxmann.com News https://ift.tt/3afEPFu
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