The Supreme Court Tuesday directed former Ranbaxy promoters, Malvinder and Shivinder Singh, to appear before it on March 14 in connection with the pleas relating to sale of controlling stakes of Fortis Healthcare by them to Malaysian IHH Healthcare Berhad. The apex court said its earlier order asking to maintain status quo on the sale of controlling stakes in Fortis …
New Delhi: The Supreme Court on Friday refused to vacate the stay on the sale of Fortis Healthcare Ltd to IHH Healthcare Berhad and posted the matter for final hearing on 26 February. Nariman was hearing a plea by Japanese firm Daiichi Sankyo, seeking to restrain it from transferring ₹4,000 crore it received from Malaysia’s IHH Healthcare Berhad to RHT …
New Delhi: Fortis Healthcare on Saturday said the Supreme Court ordering a status quo on its deal with IHH Healthcare Berhad does not impact the company’s 31.1% stake sale to the Malaysian firm. On Friday, the Supreme Court had ordered status quo with regard to the sale of controlling stakes of Fortis to IHH Healthcare Berhad by former Ranbaxy promoters …
