Fortis loses Supreme Court challenge against forensic audit in Daiichi-Singh brothers case

The Supreme Court on Friday (September 25) refused to interfere with a Delhi High Court order directing a forensic audit of transactions involving Fortis Healthcare Ltd and its former promoters Malvinder Mohan Singh and Shivinder Mohan Singh in connection with a long-running dispute with Japanese pharmaceutical major Daiichi Sankyo.The case is linked to a ₹3,500 crore arbitral award passed in favour of Daiichi Sankyo in 2016. The latest Supreme Court order allows the forensic audit to proceed, although the top…