Fortis Healthcare Case

If the amount is deposited, then the markets regulator will not make further recovery, the Securities Appellate Tribunal (SAT) said in its order passed on July 8.

Passing a 109-page final order, the watchdog has slapped a fine of Rs 5 crore each on the two Singh brothers besides Rs 2.5 crore on RHC Holding Pvt Ltd

Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute, has received a notice from SEBI in the matter related to the alleged diversion of funds by its erstwhile promoters

Senior advocate Arvind Nigam, appearing for Daiichi, said this was a deliberate attempt to deprive the company from enjoying the fruits of the award in its favour

Chief Metropolitan Magistrate Gurmohina Kaur on Monday rejected Singh's bail application on the ground that he was required to be kept in judicial custody for proper investigation in the case

Daiichi Sankyo has alleged the brothers created encumbrances on 1.2 million shares of Fortis in violation of court orders

The submission was made before Chief Metropolitan Magistrate Deepak Sherawat who extended by two days the police custody of the Singh brothers and Sunil Godhwani, the former chairman and MD of REL

In October, the Sebi had directed Fortis to take necessary action to recover Rs 403 cr from Singh brothers

The Ranbaxy-Daiichi issue - all emerged within one year. I said I had taken a one-way ticket to Beas and was not interested, but, then, because I had been involved, I had to come back, he said

NCLT allows Shivinder to withdraw petition against his brother

Taking his brother to court on allegations of mismanagement does not absolve Shivinder from the legal liabilities in existing cases