Franklin Templeton Trustee Services ... vs Amruta Garg And Ors. Etc. Etc.

The Supreme Court dismissed the application filed by the Foundation of Independent Financial Advisors (FIFA) regarding the entitlement of financial advisors to commission payments from Franklin Templeton. The court ordered the distribution of Rs. 684 crores to unitholders and vacated the previous stay. The decision emphasized the nature of the claims as recurring expenses under SEBI regulations, ultimately favoring the unitholders over the claims of FIFA.