Singh brothers ripped us off financially, Religare Enterprises to Delhi High Court

Aditi Singh December 8 2018
Malvinder Singh

The plot in Japanese drugmaker Daiichi Sankyo’s execution plea against former Ranbaxy-Fortis promoters, Malvinder and Shivinder Singh seems to thicken with each proceeding before the Delhi High Court.

Religare Enterprises Limited, founded by the brothers, today alleged that when the Singhs were the part of the management of the company as Directors, they entered into several “sham transactions” with the company to rip them off of crores.

Senior Advocate P Chidambaram, appearing for Religare, submitted that the . . .

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