In the affidavit filed before HC, Singh alleged that the Dhillon family took loans from him over a 10-year period till 2016
1 min read28 Aug 2020Chief Metropolitan Magistrate Gurmohina Kaur rejected the bail application, saying Malvinder was required to be kept in judicial custody for a proper investigationRFL is a group firm of REL - Religare Enterprises Ltd, which was earlier promoted by Malvinder and his brother Shivinder
2 min read17 Feb 2020ED also named former CMD of Religare Enterprises Ltd Sunil Godhwani as an accused The court took cognisance of the charge sheet and issued production warrant against them for 20 Jan
1 min read10 Jan 2020Religare Finvest alleged that Malvinder Singh and his brother Shivinder Mohan Singh in connivance with the employees of Lakshmi Vilas Bank misappropriated two FDs of ₹400 cr and ₹350 cr made with the Lakshmi Vilas Bank by the complainant company
1 min read24 Dec 2019Singh is already in judicial custody in another caseA Delhi court had on Monday extended the judicial custody of Malvinder Singh and a co-accused by two weeks in a money laundering case related to alleged misappropriation of funds at Religare Finvest
1 min read26 Dec 2019Advocate Ramesh Gupta, appearing for the respondents, alleged that ED was not honest in its investigationThe ED had arrested Singh and Godhwani on 14 November, following which their custody was extended twice
1 min read27 Nov 2019HC seeks reply of Malvinder Singh on ED's plea challenging order refusing further police custody in money laundering case The court listed the matter for further hearing on Tuesday
1 min read25 Nov 2019The statement by Fortis Healthcare comes as the stock has declined nearly 11% over two trading sessions on the National Stock Exchange due to the stalled open offer and the contempt notice against the companyFortis Healthcare further said when IHH Healthcare had bought 31% stake in Fortis Healthcare for ₹4,000 crores, there was no stay on the stake sale
2 min read18 Nov 2019Malvinder Singh and Godhwani are accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering ActBoth Singh, Godhwani will be produced before a metropolitan magistrate in the prison, when the ED is likely to seek their custodial interrogation
1 min read14 Nov 2019If proposal is suitable, we will not oppose the bail, said the counsel for Religare FinvestThe court on Thursday had sent Singh brothers and other accused -- Sunil Godhwani, Kavi Arora and Anil Saxena -- to judicial custody till 31 Oct
2 min read18 Oct 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared