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[Daiichi] Hearing in contempt plea against Singh brothers, Malvinder Singh and Shivinder Singh commences before Supreme Court
Court examining details filed by banks regarding shares of Fortis sold/ encumbered by banks.
#Daiichi #SupremeCourt #MalvinderSingh
Court examining details filed by banks regarding shares of Fortis sold/ encumbered by banks.
#Daiichi #SupremeCourt #MalvinderSingh
Court notes 6 out 17 entities/ banks have not filed details/ responses as directed by Supreme Court on February 18.
#Daiichi #SupremeCourt
#Daiichi #SupremeCourt
Court asks senior counsel Mukul Rohatgi, Arvind Datar and Rakesh Dwivedi whether they want to modulate their submissions based on the responses.
Rohatgi answers in the affirmative.
#Daiichi #SupremeCourt
Rohatgi answers in the affirmative.
#Daiichi #SupremeCourt
Justice UU Lalit bench to pronounce on Wednesday an order on what details banks will have to furnish vis-a-vis their role in transfer of Fortis Healthcare shares to IHH Healthcare Berhad.
#SupremeCourt
#Daiichi
#SupremeCourt
#Daiichi
Former @fortis_hospital Healthcare promoters, Malvinder Singh and Shivinder Singh blamed banks for bringing down their shareholding in Fortis Healthcare from above 70% to less than 1%
Hearing commences.
Senior Counsel Rakesh Dwivedi making submissions.
An undertaking said FHH PL will continue to be single largest shareholder
They said they're selling it to minority shareholders. The idea was not to sell shares at all, says Dwivedi.
Senior Counsel Rakesh Dwivedi making submissions.
An undertaking said FHH PL will continue to be single largest shareholder
They said they're selling it to minority shareholders. The idea was not to sell shares at all, says Dwivedi.
