SC restrains Franklin Templeton from launching debt schemes till SAT decides on Sebi decision

While Solicitor General Tushar Mehta, appearing for the market regulator, said appellate tribunal order was "based upon wrong facts and had ignored all laws," senior counsel Harish Salve and Abhishek Manu Singhvi, appearing for Franklin, pledged that the company will not launch any new schemes till the tribunal decided the case.

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