Diabytes
Shivinder Singh News
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The ED recently arrested him in a fresh case under the PMLA related to cheating former Religare promoter Malvinder Singh`s wife Japna.
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The bench asked the Singh brothers to appear before it on March 28 and submit the plan.
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A two-member bench of NCLT headed by its Chairman Justice M M Kumar Friday allowed Shivinder to withdraw his plea.
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Shivinder also alleged that collective and ongoing actions of his elder brother and Godhwani led to a systemic undermining of the interests of companies and their shareholders.
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Singh brothers had resigned as directors from Fortis board in February this year following the Delhi High Court order upholding the Rs 3,500 crore arbitral award in favour of Daiichi Sankyo.
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The court also restrained RHC Holdings from operating its bank accounts except for payment of salaries and statutory dues till March 23.
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Ranbaxy Laboratories Ltd had allegedly concealed information about proceedings against them by American food and drug department.
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Shares of Fortis Healthcare slumped nearly 13 percent on Friday after Malaysia's IHH Healthcare Berhad said it is not close to "concluding any negotiations" to buy controlling stake in the company.
Leading healthcare delivery provider Fortis on Monday announced sale of its Singapore-based healthcare services facility RadLink-Asia Pte Ltd to Fullerton Healthcare group for $83.5 million (Rs.531 crore).
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