Fortis Healthcare promoters Malvinder Mohan Singh and Shivinder Mohan Singh announced late on Thursday their decision to resign from the board of the hospital chain.
This follows a recent Delhi High Court decision to enforce a Rs 35 billion arbitration award, given by a Singapore tribunal and won by Daiichi Sankyo in 2016.
Malvinder was executive chairman and Shivinder non-executive vice-chairman of Fortis Healthcare.
In a joint letter addressed to the board of directors of Fortis Healthcare, Malvinder and Shivinder said: “In the light of the recent High Court judgement, upholding the plea of Daiichi Sankyo, to
This follows a recent Delhi High Court decision to enforce a Rs 35 billion arbitration award, given by a Singapore tribunal and won by Daiichi Sankyo in 2016.
Malvinder was executive chairman and Shivinder non-executive vice-chairman of Fortis Healthcare.
In a joint letter addressed to the board of directors of Fortis Healthcare, Malvinder and Shivinder said: “In the light of the recent High Court judgement, upholding the plea of Daiichi Sankyo, to

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