Thursday, November 14, 2019

Daiichi case: Supreme Court holds Singh brothers guilty of contempt

The SC on Friday pronounced former Ranbaxy promoters Malvinder Singh & Shivinder Singh guilty in a case filed by Japanese firm Daiichi Sankyo. Daiichi had filed a petition against the Singh brothers on non-payment of Rs 3,500 arbitration award. The SC said the Singh brothers violated its order asking them not to divest their shares in Fortis Healthcare Limited.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2CJiZZt

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