Home >News >India >Daiichi Sankyo case: Gurinder Singh to file IT returns in sealed covers in HC
Gurinder Singh Dhillon, spiritual head of Radha Saomi Satsang Beas.
Gurinder Singh Dhillon, spiritual head of Radha Saomi Satsang Beas.

Daiichi Sankyo case: Gurinder Singh to file IT returns in sealed covers in HC

  • The copies of the document will also be given to Daiichi Sankyo and the concerned judgment debtors, subject to their filing an undertaking to maintain confidentiality

New Delhi: Gurinder Singh Dhillon, the spiritual head of the Radha Soami Satsang Beas and his family on Tuesday informed the Delhi high court that they are willing to file their income tax returns in a sealed cover before the registrar of the court.

The copies of the document will also be given to the decree holder --Daiichi Sankyo-- and the concerned judgment debtors, subject to their filing an undertaking to maintain confidentiality in the matter.

Dhillon had filed an exemption application against the court order citing “severe prejudice" to them.

The court has disposed off the application now.

The legible documents related to bank statements have to be filed within two weeks.

The court had deferred its order last week as the counsel for the applicant had prayed that final orders in the application be deferred to enable him to obtain instructions on whether the garnishees are willing to file their income tax returns in a sealed cover.

Former Fortis Healthcare promoter Malvinder Singh had filed an affidavit last month in the Delhi high court alleging that Gurinder Singh Dhillon and his family owe him 1,473 crore, lent to them over a 10-year period till 2016.

In the affidavit filed on 13 August, Singh alleged that over 2007-12, the Dhillon family took loans totalling 578 crore from RHC Holding Pvt. Ltd and Today's Holdings, both funded by him and his brother Shivinder Singh.

In 2016, a Singapore tribunal asked the Singh brothers to pay 2,600 crore to Daiichi Sankyo in a case involving Ranbaxy Laboratories’ regulatory issues. The dues have now ballooned to 3,500 crore, including interest.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePapermint is now on Telegram. Join mint channel in your Telegram and stay updated

Close
×
My Reads Redeem a Gift Card Logout