Religare Finvest Ltd, which has a pending case against Lakshmi Vilas Bank for misappropriating fixed deposits worth ₹750 crore, on Thursday sought directions from Delhi High Court to substitute the defendant Lakshmi Vilas Bank Limited with DBS Bank India Ltd in the ongoing suit, on the ground of the mergers of the two banks. Asserting on the recent developments where …
The Delhi High Court Monday sought response of former Fortis Healthcare promotor Shivinder Mohan Singh on a plea challenging bail granted to him in a bank fraud case. It is alleged by the police that Shivinder and his brother Malvinder Mohan Singh in connivance with the employees of Lakshmi Vilas Bank misappropriated two Fixed Deposits of Rs 400 crore and …
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