 "Fortis")
The Delhi High Court on Friday asked brothers Malvinder and Shivinder Singh, erstwhile promoters of Fortis Healthcare Ltd (FHL), not to sell any assets without the court's approval. The Court also froze the brothers' bank accounts and asked them to disclose all transactions (including gifts) in the past since 2016.
This was the first time the brothers appeared before the court in the Daiichi case for cross-examination. The court asked them to file for insolvency if they did not have money. "You cannot keep away information on money from the court," the judge said.
Meanwhile, the high court on Friday refused to
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