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Shivinder Mohan Singh drags elder brother Malvinder Singh to NCLT

Says also taken Sunil Godhwani to NCLT; adds that red flags had crept up with disturbing regularity in managing family businesses pointing to the systemic malaise

Topics
Fortis Healthcare  |  Singh Brothers  |  Fortis

Gina Krishnan 

Former Ranbaxy promoter and founder of Fortis Healthcare, Shivinder Singh, said that he has filed a case against his brother Malvinder and former head of Religare Sunil Godhwani in the NCLT court for oppression and mismanagement of RHC Holding, Religare and Fortis.

Shivinder Singh said in a press release issued on Tuesday that the action was long overdue but got delayed in the hope that "better sense shall eventually prevail and another ugly chapter of family feud would not be written in our family business’ glorious history." Stating that he was dissociating ...

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First Published: Tue, September 04 2018. 21:15 IST
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