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Friday, 15 November 2019

Daiichi case: Supreme Court holds Singh brothers guilty of contempt

The SC on Friday pronounced former Ranbaxy promoters Malvinder Singh & Shivinder Singh guilty in a case filed by Japanese firm Daiichi Sankyo. Daiichi had filed a petition against the Singh brothers on non-payment of Rs 3,500 arbitration award. The SC said the Singh brothers violated its order asking them not to divest their shares in Fortis Healthcare Limited.

from Times of India https://ift.tt/2CJiZZt
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