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.
Timeline
Sunday, 27 September
- Fortis says independent audit will establish non-involvement in Singh brothers’ share transfers
Supreme Court cleared the way for an independent forensic audit of the share transfers
- Fortis confident of clean chit from audit in Singh brothers’ dispute
Fortis expects a clean chit from the audit in the Singh brothers’ dispute
- Fortis distances itself from Daiichi-Singh dispute as Supreme Court permits forensic audit
Fortis said it had no involvement in the Daiichi Sankyo-Singh brothers dispute
Friday, 25 September
- Supreme Court allows independent forensic audit of Fortis transactions in Daiichi dispute
The Supreme Court declined to interfere with Delhi High Court orders allowing the audit
