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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.