What is the next payment round that Templeton needs to make?

The honourable Supreme Court has instructed the payment of the next round of payment of Rs684 crore to unitholders of the wound-up Franklin Templeton schemes. This refers to the April 2020 fiasco of Templeton. Back then, Franklin Templeton had announced the summary winding up of 6 of its debt schemes without consulting unit holders by leveraging on a loophole in mutual fund rules.

It may be recollected that at that point, SBI Mutual Fund had been appointed to liquidate the assets of the wound-up schemes and manage the distribution of proceeds to unitholders. The court has already dismissed suggestion that distributor commissions cannot be paid to investors.