 "Malvinder Singh and Shivinder Singh | File photo")
The Supreme Court on Tuesday summoned former promoters of Fortis Group Malvinder Singh and Shivinder Singh to court and asked them to be present during the next hearing on March 14. The court observed it would like to hear the Singh brothers to know their explanation of the various undertakings they had given to Daiichi Sankyo and why they had not followed them.
The observations by the top court came in a petition moved by Daiichi Sankyo seeking to stop stake sale of Fortis Hospital to IHH Healthcare Berhad, Malaysia. On December 14, 2018, the top court had stayed the
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