Advertisement

India

Updated on: Thursday, October 31, 2019, 04:08 PM IST

Religare Finvest scam: Delhi Court extends judicial custody of Singh Brothers till November 14

PTI
Ex-Fortis promoters Malvinder Singh and Shivinder Singh (L-R) |

Ex-Fortis promoters Malvinder Singh and Shivinder Singh (L-R) |

Advertisement

New Delhi: A Delhi court Thursday extended till November 14 the judicial custody of former Fortis Healthcare promoters Malvinder Singh and his brother Shivinder for allegedly misappropriating funds of Religare Finvest Ltd (RFL).

Metropolitan Magistrate Deepak Sherawat also extended the judicial custody of three others, Sunil Godhwani, Kavi Arora and Anil Saxena, till November 31.

On October 23, the court was informed that the settlement talks between the Singh brothers and RFL remained inconclusive as no proposal was given to the company by them.

Malvinder (46), Shivinder (44), Godhwani (58) and Arora (48) and Saxena, were arrested by the Economic Offences Wing (EOW) of Delhi Police for allegedly diverting the money and investing in other companies.

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Published on: Thursday, October 31, 2019, 04:08 PM IST
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement