Topic: Malvinder Singh

The fight for Fortis, allegedly defrauded by founders Malvinder & Shivinder Singh, has seen 4 takeover bids, 2 scrapped deals, and most of the board being replaced.

Malvinder Singh and Sunil Godhwani are already lodged in Tihar jail after the Delhi Police arrested them, along with Malvinder's brother Shivinder, in the same case. The trio are accused of misappropriating funds of Religare Finvest Ltd.

Brothers Malvinder and Shivinder Singh were arrested last week for allegedly misappropriating funds of Religare Finvest Ltd (RFL).

The Singh brothers are accused of multiple cases of siphoning money using a complex web of companies, including Ranbaxy, Religare & Fortis.

Amid govt's crackdown on defaulting borrowers, former Ranbaxy and Fortis promoters Malvinder & Shivinder Singh have been arrested for routing money to a spiritual leader and a fraud case.

Malvinder Singh's brother Shivinder Singh and three others were arrested Thursday for allegedly diverting money from Religare Finvest Limited to other companies.

Billionaire Malvinder Singh claims that his brother Shivinder acquired 6 companies to write off debts of their spiritual guru, who allegedly threatened him.

Malvinder and Shivinder Mohan Singh, the former promoters of Fortis Healthcare, have not been on speaking terms for months now.

Sebi found that brothers Malvinder and Shivinder Singh have defrauded Fortis Healthcare of Rs 4 billion and ordered them to repay the amount.

Shivinder this month filed an application before the National Company Law Tribunal alleging Malvinder's actions undermining interests of their companies.