 "Shivinder Singh Malvinder Singh")
Fortis Healthcare is working out its legal options to initiate recovery from erstwhile executive chairman Malvinder Singh, who was paid more compensation than the law allows, said the CEO of the healthcare provider, Ashutosh Raghuvanshi.
The auditors of the company have pointed out that for the financial year that ended 2018, Malvinder Singh was paid Rs 20 crore, which is more than what is allowed in the Companies Act.
Singh had not responded to Business Standard's query till the time of publishing.
The auditor also noted that there is "uncertainty" on this recovery despite taking actions to recover. The government
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