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The Economic Times
The Economic Times
Business

Fortis Healthcare confident forensic audit will clear company in share transfer dispute

New Delhi: Fortis Healthcare Ltd expressed confidence that an independent forensic audit will confirm the hospital chain played no role in the transfer of shares by its erstwhile promoters, Malvinder and Shivinder Mohan Singh. The statement came after the Supreme Court permitted the audit to proceed while clarifying that earlier remarks by the Delhi High Court were merely tentative.

In an order dated September 25, the Supreme Court disposed of Fortis' special leave petition challenging the Delhi High Court's August 31 order regarding the ongoing matter between Daiichi Sankyo Company Ltd and the Singh Brothers.

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