Sebi directs Fortis to recover ₹403 crore from Singh brothers, seven others2 min read . Updated: 22 Dec 2018, 01:02 AM IST
Sebi has barred Singh brothers from associating themselves with the affairs of Fortis Healthcare and Fortis Hospitals in any manner whatsoever
New Delhi: Capital markets regulator Securities and Exchange Board of India (Sebi) on Friday directed Fortis Healthcare Ltd and Fortis Hospitals to take necessary steps to recover ₹ 403 crore, along with interest, from Singh brothers—Shivinder Mohan Singh and Malvinder Mohan Singh—and seven other entities within three months.
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