Fortis

Former Fortis promoters Malvinder and Shivinder Singh accuse each other of physical assault

Former Fortis and Ranbaxy promoters Malvinder Singh and Shivinder Mohan reportedly came to blows in the latest turn to their ongoing feud.

Sebi directs Singh brothers, 8 other entities to repay over Rs 403 cr with interest to Fortis Healthcare

In a 21-page interim order, Sebi said that prima facie the role of FHL and Fortis Hospitals Ltd (FHsL) in the alleged diversion of funds through conduit entities has been established.

Fortis Healthcare: Shivinder Mohan Singh to withdraw NCLT petition against brother Malvinder after mother intervenes

Shivinder Singh had filed a lawsuit in the NCLT against brother Malvinder saying alleging "oppression and mismanagement" at their joint businesses.

NCLT issues notices to Malvinder Singh, Sunil Godhwani; directs status quo over RHC Holdings

A two-member bench headed by NCLT President Justice M M Kumar issued notices to Malvinder Singh, Sunil Godhwani and others after Shivinder Singh's petition over alleged "oppression and mismanagement" of RHC Holdings.

Malvinder Singh asked to deposit 3.5 mn Singapore dollars, 'disobeyed orders' says Delhi HC

The court’s order came after it was informed by the counsel for Malvinder, who was present in the court, that his 45 lakh equity shares in Religare Healthcare Pvt Ltd were sold in Singapore in April.

Fortis Healthcare case: Shivinder Singh says elder brother Malvinder forged wife's signature, led firm into debt trap

Shivinder Singh, the younger of the Singh siblings, who were synonymous with each other for decades, sued Malvinder for "oppression and mismanagement" of their companies.

Fortis Healthcare: Singh brothers say Sunil Godhwani 'orchestrated transactions' that left Group in debt

Godhwani had stepped down as the chairman and managing director in 29 July, 2016. Subsequently, he assumed charge of the CEO in Religare Enterprises.

Fortis stake sale: Cash-strapped healthcare major shortlists four prospective buyers; appoints new chairman

Earlier this week, Fortis Healthcare initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.

Fortis stake sale: Board outlines fresh bidding process, bidders given 10 days for financial, legal due diligence

The bids should also provide a plan for funding Fortis’s acquisition of RHT Health Trust’s Indian assets, agreed in November, and options to private equity investors to exit Fortis’s unit SRL Ltd.

Fortis stake sale: Malaysia's IHH Healthcare Berhad extends validity of revised offer to 30 June

Malaysian firm IHH Healthcare Berhard on Friday extended the acceptance period for its enhanced revised proposal for acquiring Fortis to 30 June