Supreme Court · 2022 INSC 829 · Decided 12 August 2022
Franklin Templeton Trustee Services Private Limited and Another v. Amruta Garg and Others ETC.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 829 · [2022] 6 S.C.R. 880
- Case number
- CIVIL APPEAL No. 498/2021
- Decided
- 12 August 2022
- Bench
- S. ABDUL NAZEER, SANJIV KHANNA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Security and Exchange Board of India (Mutual Funds) Regulations, 1996 - Regulation 52 - Applicability - Regulation 52, which relates to and permits deduction of expenses including commission is applicable when the scheme is in operation, and not post the decision of the trustees in terms of Regulation 39(2)(a) read with Regulation 39(3), when, upon publication of notices, the ceasure mandate of Regulation 40 is triggered. Security and Exchange Board of India (Mutual Funds)
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