Markets regulator Securities and Exchange Board of India (SEBI) has imposed penalties totalling Rs38.75 crore on 32 entities, including Fortis Healthcare Holdings, in a case related to diversion of funds of Fortis Healthcare Ltd (FHL) and misrepresentations to conceal the fraud.
Markets regulator Securities and Exchange Board of India (SEBI) has imposed penalties totalling Rs38.75 crore on 32 entities, including Fortis Healthcare Holdings, in a case related to diversion of funds of Fortis Healthcare Ltd (FHL) and misrepresentations to conceal the fraud.
Sebi has imposed penalties totalling Rs 38.75 crore on 32 entities, including Fortis Healthcare Holdings, in a case related to diversion of funds, , fortis healthcare, sebi
Affluent defendants cannot use court s extraordinary powers to arm-twist the law: Delhi HC - Justice Malvinder Mohan Singh rejected his plea, saying extraordinary writ jurisdiction cannot be exercised to give special treatment.
Extraordinary powers of the court are not meant for affluent accused to arm-twist the law to achieve their scrupulous ends, the Delhi High Court observed, refusing to direct prison authorities to facilitate physical meetings between ex-Fortis promoter Malvinder Mohan Singh and his counsel