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Fortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration dispute

Fortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. Th...

Fortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration dispute
Source: Economic Times - Banking & Finance

Fortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. The Supreme Court has allowed a forensic audit, affirming that previous observations were tentative. Fortis emphasized there were no penalties or liabilities imposed on them in the High Court's judgment. By March 2018, the Singh Brothers' shareholding in Fortis dropped to...

SOURCE: Economic Times - Banking & Finance
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