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The Supreme Court on Thursday sentenced former Ranbaxy promoters Malvinder Singh and Shivinder Singh to 6 months imprisonment in a case connected with the sale of shares of Fortis to Malaysia-based IHH Healthcare.

SC sends former promoters of Fortis Healthcare  Malvinder Singh and Shivinder Singh to six months jail

The apex court was hearing the plea of Japanese firm Daiichi Sankyo which is seeking to recover Rs 3,500 crore, awarded to it by a Singapore tribunal in its case against Malvinder and Shivinder Singh

News

SC sends former promoters of Fortis Healthcare Malvinder Singh and Shivinder Singh to six months jail

Supreme Court asks ex-Ranbaxy promoters their plans on complying with arbitral award