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ARBITRATION CASE FORTIS
Supreme Court dismisses appeals by DCB Bank and UBS against Fortis auditThe Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to tra...- SC upholds HC order, clarifies scope of Fortis forensic auditThe Supreme Court maintained the Delhi HC's directive for a forensic audit of certain banking transactions. This audit specifically concern...
- Fortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration disputeFortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. The Supreme Court has...
- Fortis Healthcare confident forensic audit will clear company in share transfer disputeFortis Healthcare has expressed confidence that a forensic audit will verify its non-involvement in a share transfer dispute. The Supreme C...
- Fortis defends itself after Supreme Court allows forensic audit, says it was "complete stranger" to Daiichi-Singh Brothers disputeIn a disclosure to the stock exchanges, Fortis said the Supreme Court, in its September 25 order, disposed of the company's Special Leave P...
- Fortis audit order could drag listed firms into promoters' personal debt cases: InGovernInGovern has warned that the Delhi High Court’s Fortis Healthcare forensic audit order could set a wider precedent, potentially exposing li...
- 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...
- 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’...
- Delhi HC set to rule on Daiichi Sankyo arbitration caseThe Delhi High Court is expected to rule this week on Daiichi Sankyo’s long-running arbitration dispute with former Fortis promoters Malvin...
- 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 ...
- 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...
- 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....
- Apex court to resume hearing of Daiichi’s petition todayThe Supreme Court will on Monday resume hearing Japanese drug maker Daiichi Sankyo’s petition seeking to enforce a Rs. 3,500 crore arbitrat...
- Supreme Court asks Malvinder, Shivender Singh to be present in court on March 14The court ordered the presence of two brothers on a plea by the Japanese drug maker Daiichi Sankyo seeking Rs 3,500 crore from them.
- Daiichi Sankyo moves Delhi HC to block Fortis-IHH dealDaiichi moved court on Wednesday, seeking orders to prevent Fortis from proceeding with its deal with IHH without the high court’s “further...
- Delhi High Court upholds Daiichi’s Rs 3,500-crore arbitral award against Singh brothersThe high court's decision sets the stage for whether encumbered and unencumbered shares in the Singhs' hospital group Fortis Healthcare cou...
- Daiichi wins Rs 3,500 crore arbitration case against Singh brothers in Delhi High CourtDaiichi and the Singhs have been locked in litigation since 2016 over whether the firm can enforce its award in India.
- 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.
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