News From Press SEBI names Krishnamurthy as ‘observer’ for Franklin e-voting

SEBI names Krishnamurthy as ‘observer’ for Franklin e-voting

Announcement after the start of voting process stirs up controversy

Business Line Dec 28, 2020

Market regulator SEBI on Saturday announced the appointment of TS Krishnamurthy as the observer for ‘e-voting’ on winding-up of six debt schemes of Franklin Templeton Mutual Fund (FTMF). SEBI’s announcement came several hours after the e-voting had commenced on Saturday morning. On December 9, the Supreme Court had directed SEBI to appoint an observer. Krishnamurthy, age 76, is the former chief election commissioner of India and the ex-chairman of share depository company CDSL where he worked till 2019.

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