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Fortis distances itself from Daiichi-Singh dispute as Supreme Court permits forensic audit

3 sources · first seen 17:24 27 Sept · updated 09:15 28 Sept

The brief

Written from 4 reports · check the source before you trade

Fortis said it had no involvement in the Daiichi Sankyo-Singh brothers dispute
The Supreme Court allowed the forensic audit to proceed
Fortis shareholders may watch for any fallout from the audit despite the company denying involvement

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Fortis Healthcare₹837.85 · 5 today Daiichi Sankyo2 today Singh brothers2 today Supreme Court6 today

Part of a developing story4 updates over 4 days

Fortis forensic audit in Daiichi dispute

The Supreme Court declined to interfere with Delhi High Court orders allowing a forensic audit of Fortis transactions in the Daiichi–Singh Brothers dispute. Fortis says it is not involved in the dispute and is confident the audit will support its position.

Sunday, 27 September

20:012 sources
Fortis says independent audit will establish non-involvement in Singh brothers’ share transfers
18:56
Fortis confident of clean chit from audit in Singh brothers’ dispute
17:243 sourcesYou are here
Fortis distances itself from Daiichi-Singh dispute as Supreme Court permits forensic audit

Friday, 25 September

15:076 sources
Supreme Court allows independent forensic audit of Fortis transactions in Daiichi dispute

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Read the reports

4 reports · earliest 17:24

MintFortis says it is ‘complete stranger’ to Daiichi-Singh Brothers dispute after SC allows forensic audit | Shares in focus17:24 Economic TimesFortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration dispute01:09 CNBC-TV18Fortis Healthcare shares in focus after SC allows forensic audit to go ahead07:09 Economic TimesFortis Healthcare shares in focus as Supreme Court allows forensic audit to proceed09:15