Franklin Investors are asking if they vote YES when will they get back full payment & what is time limit for winding up. This thread answers their questions which none is answering and all investors want to know

Investors need to refer to #SEBI Rule 14.5 which governs Distribution of Proceeds realized by MF from investments which are illiquid at time of winding up
If amounts are realized from illiquid investment after 2 years of winding up it has to be transferred to Investor Education Fund
Hence the mutual fund is required to sell all bonds within 2 years of winding up i.e. 23rd April 2020. So investors will get back entire amount by 22nd April 2022.
So Winding Up Process cannot continue indefinitely as is being misunderstood by most of investors Experts & even MF
Bonds which have maturity date beyond 22nd April 2022 will be required to be sold prior to it and proceeds will also be required to be distributed prior to it
Even entire recovery from defaulting bonds will also be required to be done and distributed by 22nd April 2022
Those asking whether they should Vote Yes or No may note voting Yes is in interest of investors
SEBI needs to step in with directions that if #FT is unable to sell any illiquid unlisted bond at FMV such Bonds should be transferred to #FT which should pay unit holders
such transfer of bonds is to be done well in time so that the deadline of 22nd April 2022 for distribution of proceeds is not over
Retired Investors should be happy to note that they will get back their money by 22nd April 2022 and they dont have to wait indefinitely
Retired Judge of High Court is required to be appointed to oversee winding up process so that interests of investors are protected and entire proceeds are recovered and distributed by deadline
When Viral Filaments Bond defaulted Templeton India AMC took these bonds in its book owning its liability for loss under Section 15 of Indian Trusts Act, 1882
SEBI & Investors need to ask for similar action in case of default & illiquid bonds to get maximum value in winding up of schemes

More from Trading

12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's

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12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given