Fortis loses Supreme Court case on forensic audit
pre-market1 source ↓written by the desknot a recommendation
- arbitral award favoring
- ₹3,500 cr
The Supreme Court upheld a Delhi High Court ruling allowing a forensic audit of Fortis Healthcare's transactions involving its former promoters, the Singh brothers. This audit is linked to a ₹3,500 cr arbitral award favoring Daiichi Sankyo from 2016. The ruling permits the audit to proceed, impacting Fortis's ongoing legal challenges.
Not investment advice. For informational purposes only.