Daiichi claim against children of ex-Ranbaxy promoters challenged before HC

The case is listed for further arguments on May 11

The children of former Ranbaxy promoters—Malvinder Singh and Shivinder Singh—approached the Delhi High Court on Friday challenging Daiichi Sankyo's move to realise a Rs 2,562 crore Singapore arbitration award against them in favour of the Japanese pharmaceutical company.

Senior advocate Sandeep Sethi, appearing on behalf of the Singh brothers' children said that the decision of the arbitral tribunal to hold the juveniles joint and severally liable to pay the amount of the international arbitration award was bad in law as per the Indian Contract Act, 1872 under which minors were immune from liability.

Claiming that the protection of minors and