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Fortis says independent audit will establish non-involvement in Singh brothers’ share transfers

2 sources · first seen 20:01 27 Sept · updated 20:36 27 Sept

The brief

Written from 2 reports · check the source before you trade

Supreme Court cleared the way for an independent forensic audit of the share transfers
The court said the Delhi High Court’s earlier observations were provisional
The audit outcome may affect Fortis Healthcare’s governance and investor confidence

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Fortis Healthcare₹837.85 · 5 today Supreme Court6 today Pharma and healthcare17 today Singh brothers2 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 sourcesYou are here
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 sources
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

2 reports · earliest 20:01

NDTV ProfitIndependent Forensic Audit Will Attest To Fortis' Non-involvement In Singh Brothers' Share Transfers: Company20:01 Economic TimesFortis Healthcare confident forensic audit will clear company in share transfer dispute20:36