From handling cases involving the main leaders of Congress, P Chidambaram and DK Shivakumar, to granting a lifetime to expel BJP MLA Kuldeep Singh Sengar for raping a minor in Unnao and dealing with clashes between lawyers and police, the Delhi courts had a memorable 2019.
A Delhi court on Saturday sent former Fortis Healthcare promoter Malvinder Singh and former CMD of Religare Enterprises Limited Sunil Godhwani to judicial custody in a money laundering case related to alleged misappropriation of funds at Religare Finvest Limited (RFL).
Special Judge Sandeep Yadav extended the ED custody of both the accused till November 23 on a plea moved by the probe agency's special public prosecutor Nitesh Rana.
The apex curt 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 against them and in favour of Japanese drug manufacturer Daiichi Sankyo.
The Enforcement Directorate (ED) took both the accused in its custody inside the Tihar central jail here, where they are currently lodged in a case filed by the Delhi Police in relation to the alleged scam.
Shivinder Singh and his elder brother Malvinder Singh, former promoters of pharmaceutical giant Ranbaxy, popular hospital chain Fortis and financial services firm Religare, have been arrested by the Economic Offences Wing (EOW) of Delhi Police in a Rs 740 crore fraud case.
New Delhi: Former owners of Ranbaxy Laboratories Malvinder Singh and Shivinder Mohan Singh, have been asked by a Singapore court to pay damages worth $400 million (over Rs 2,500 crore) to Japan's Daiichi Sankyo Co.
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