 "Fortis")
The battle for the Fortis brand is now being fought in a district court in Delhi. In a court filing, Fortis Healthcare has denied conferring ownership rights of the brands ‘Fortis’, ‘SRL’ and ‘La-Femme’ to Participation Finance & Holding, a Dehradun-based debt recovery and asset servicing company.
In February, Participation Finance took RHC Holding—the promoter group holding company—along with Fortis and other related parties to the court, alleging implied ownership of the brands in lieu of fees for certain services rendered.
The Dehradun-based firm had acquired a clutch of bad loans from Religare Enterprises and is believed to be the
