Former Fortis Promoter, Ex-Religare Executive's Judicial Custody Extended
Sunday, December 8, 2019, 2:17 PM
A Delhi court on Saturday extended the judicial custody of former Fortis Healthcare promoter Malvinder Singh and former CMD of Religare Enterprises Limited, Sunil Godhwani, for another 14 days in a case related to alleged misappropriation of funds at Religare Finvest Limited (RFL). The duo were presented before Special Judge of Saket district court, Sandeep Yadav, on expiry of his earlier judicial custody.
Police Custody Of Ex-Ranbaxy Promoters Extended By 2 Days In Fraud Case
Wednesday, October 16, 2019, 8:24 AM
A Delhi-court extended the police custody of three people, including former Ranbaxy promoters Malvinder Singh and Shivinder Singh, on charges of allegedly misappropriating funds at Religare Finvest Limited to the tune of Rs.2,397-crore. Chief Metropolitan Magistrate Deepak Sherawat issued the directive after police sought two days of additional custody, so the accused could be questioned on "new material" that has come-up in the case.
Malvinder wanted Rs 1,000 crore for amicable separation, says Shivinder Mohan Singh
Saturday, December 8, 2018, 5:02 PM
Shivinder Mohan Singh, co-promoter of RHC Holding and former co-promoter of Fortis Healthcare, said he has pulled out of the negotiation process with his elder brother Malvinder Mohan Singh after the latter demanded Rs 1,000 crore for amicable separation. He said he would be happy to exit the group but wanted the group to pay him Rs 1,000 crore.