Daiichi-Fortis: SC asks Singh brothers to clear debt as Shivinder claims he has taken SanyasMarch 14 2019
The Supreme Court today directed the former promoters of Fortis Healthcare, Malvinder and Shivinder Singh, to consult each other and come up with a proposal to secure the award passed by a Singaporean Arbitration Tribunal in favour of Daiichi Sankyo.
As directed, the Singh brothers submitted their affidavits and were personally present in the Court pursuant to a previous order.
The younger brother Shivinder submitted that he has renounced the world and taken 'Sanyas'. However, the Court, while interacting with him, said that . . .
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