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RANBAXY ARBITRATION CASE
After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
Fortis liability case: Delhi HC says blame can't be shifted to third partyAmid ongoing legal disputes, the Delhi High Court is probing Fortis Healthcare's oversight concerning the sale of shares belonging to the S...
Daiichi-Ranbaxy arbitration case: Singh brothers hearing in Singapore Supreme Court starts todayA Singapore tribunal in 2016 awarded Daiichi Rs 3,500 crore in damages. In May that year, the company moved Delhi High Court to enforce the...
Make plan by February 24 to pay Daiichi Sankyo, Supreme Court to Singh brothersDaiichi had won the arbitration award on its claim that the Singhs had concealed material information when they sold Ranbaxy to it in 2008....
Supreme Court rejects plea of Axis Bank against release of arbitral award money to Japanese firm DaiichiThe high court, which is hearing a plea of Daiichi seeking execution of the Rs 3,500 crore Singapore tribunal arbitral award against former...
How the Rs 3, 500 crore damages against Singh Brothers was arrived atMalvinder Mohan Singh , Shivinder Mohan Singh & entities controlled by them had contested both the amount of damages and method used to arr...
Top Indian lawyers to argue Ranbaxy-Daiichi appeal in SingaporeWhile Ranbaxy has taken on senior advocate Harish Salve to argue the case, Daiichi has assigned on an equal stature advocate Gopal Subraman...
Singapore allows Harish Salve to appear for Ranbaxy's Singhs against Daiichi awardThe Singhs are challenging an arbitration tribunal award of April 2016, which ordered them to pay Daiichi more than Rs 2,500 crore in damag...
Daiichi Sankyo objects to Religare stake saleThe Singh brothers said court orders are not applicable to Religare as it is not party to the Japanese drug maker’s case to recover Rs 3,50...
Daiichi Sankyo accuses Singh brothers of perjuryDaiichi’s counsel alleged that the Singhs made false statements in affidavits about unencumbered assets of RHC Holding, the holding company...
Daiichi availed Rs 8,000 crore monetary benefits while it had stake in Ranbaxy: Singh brothersA Singapore tribunal last year ordered the Singh brothers to pay the Japanese drug maker Rs 2,562-crore damages for concealing information.
Ex-Ranbaxy promoters to respond to Daiichi Sankyo's allegations in arbitration caseJustice S Muralidhar has directed the brothers to file a reply to Daiichi's allegations before the next hearing of the case on March 6, whe...
Daiichi Sankyo says Ranbaxy founders Malvinder and Shivinder Singh misled courtOscar Traders was one of 20 respondents linked to the brothers from whom Daiichi is trying to recover the money awarded to it by a Singapor...
Delhi HC tells Singh brothers to honour commitment to secure assetsDaiichi and the Singh brothers have been locked in the arbitration case since 2013 over the sale of Ranbaxy, once India's largest drug make...
Daiichi Sankyo moves HC to block Singh brother's bid to sell stake in FortisDaiichi’s move comes as the Singh brothers look to induct an investor in Fortis Healthcare.
Grandmothers to defend scions of Ranbaxy's Singh brothers in courtThe high court has also directed all respondents who have not filed their list of assets in a particular format.
Singh Bros file confidentiality application for assets to be disclosed in Daiichi caseThe Singh brothers were accused of concealing information regarding wrongdoing at Ranbaxy when they sold a majority stake in it to Daiichi ...
Daiichi case: Ex-Ranbaxy promoters say Singapore tribunal award can’t be enforced in IndiaThe Singh brothers have appealed against the order in Singapore as well.Rs 3,500 crore.
Ranbaxy's former promoters Singh brothers count on disclosure to counter Daiichi claimsDaiichi is seeking damages from Ranbaxy's erstwhile owners for losses arising from a $500-mn settlement that Ranbaxy had to sign with the U...
Singh brothers of Ranbaxy Laboratories concealed facts while selling stake: Daiichi SankyoDaiichi started arbitration against Malvinder Mohan Singh and Shivinder Mohan Singh seeking relief for $500-m settlement with US Dept of Ju...