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FORTIS FORENSIC AUDIT
Fortis Healthcare moves Supreme Court against Delhi HC forensic audit order; Axis Bank may followIn a significant legal move, Fortis Healthcare has appealed to the Supreme Court against a Delhi High Court decision requiring a forensic a...- Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
- Yes Bank moves SC against forensic audit in Fortis share sale issueYes Bank has approached the Supreme Court challenging a recent Delhi High Court directive. The court ordered a forensic audit into the sale...
- Japan court dismisses IHH subsidiary Northern TK Venture's damage claims against Daiichi SankyoNTK, a subsidiary of IHH Healthcare Berhad had earlier filed a claim at the Tokyo District Court seeking damages from Daiichi Sankyo, alleg...
- Max Healthcare to invest Rs 6,200 cr to reach 10,000-bed capacity in 3 years: CMDMax Healthcare plans to expand its bed capacity to ten thousand beds. This significant expansion will involve an investment of approximatel...
- Fortis Healthcare reviews Delhi HC ruling in Daiichi Sankyo case, may approach Supreme CourtIn a significant development, Fortis Healthcare is assessing a recent decision from the Delhi High Court regarding the Daiichi Sankyo arbit...
- Delhi HC orders forensic audit of Fortis, Singh brothers' Rs 4,666-crore trailThe Delhi High Court ordered a forensic audit of Fortis Healthcare transactions. This audit will examine dealings with IHH Healthcare Berha...
- Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
- AIG Hospitals to invest Rs 2,000 crore in Visakhapatnam for 1,000-bed campusAIG Hospitals will invest two thousand crore rupees over five years. A thousand-bed greenfield multispeciality hospital will be built in Vi...
- Delhi HC orders forensic audit of Fortis, IHH and RHT transactions in $4.6-billion Daiichi-Singh caseThe Delhi High Court on Monday ordered the appointment of a forensic auditor to examine transactions involving Fortis Healthcare, Malaysia’...
- Daiichi seeks forensic audit into transactions between Fortis and group cosWhile seeking forensic audit of transactions between the brothers and the Religare Group of companies - Religare Capital Market, Religare C...
- Daiichi seeks forensic audit into Fortis-IHH transactionsDaiichi is seeking an audit of the dilution of FHL shareholding, alleged violation of undertakings and assurance by the former FHL promoter...
- Mandatory tender offer: Malaysia’s IHH Healthcare seeks further advice to determine next course of actionIHH had won a bid for a 31% stake in Fortis in 2018, which triggered an open offer for another 26% as per Indian regulations. Minority shar...
- Singh brothers handed jail term in Fortis share sale caseThe matter pertains to Daiichi Sankyo's challenge to the Fortis-IHH deal. The Japanese company had filed the case to recover the Rs 3,600 c...
- Won’t read too much into forensic audit; Fortis Healthcare a buy on dips: Param Desai“From a business and growth perspective, both the Fortis businesses look pretty solid from a medium-term perspective. There are reasonably ...
- Fortis shares tank 16% after SC orders forensic audit for IHH Healthcare share saleShares of Fortis Healthcare plunged 16 per cent to Rs 263 on Thursday. The had stock ended the previous session at Rs 311.20 on BSE.
- Sebi empanels KPMG, Deloitte, 7 others to conduct forensic audit of listed companiesEarlier in July, the markets watchdog had invited applications from eligible CA firms.
- Sebi to empanel auditors to conduct forensic audits of listed firmsThe move comes amid Sebi ordering forensic audit of a slew of companies including Fortis Healthcare.
- Fortis board defers approval of Q4, FY18 results to June 25The company told stock exchanges it required more time to consider aspects of the report in its financial accounts.
- Sebi plans crackdown on companies that cook their books"We will identify these companies and direct a detailed forensic audit of the books of accounts,”
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