SC wants loan records of Malvinder, Shivinder in Ranbaxy-Daiichi case
Thu, Feb 18, 2021 10:11 PM

SC wants loan records of Malvinder, Shivinder in Ranbaxy-Daiichi case

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The SC Thursday directed 17 banks and financial institutions of former Ranbaxy promoters Malvinder and Shivinder Singh to place on record the basic documents pertaining to loans for which the shares of FHL were pledged with them. The top court had earlier asked the Singh brothers to give it a plan as to how they would honour the arbitral award of Rs 3,500 crore granted by a Singapore tribunal.

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