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This Article is From Oct 17, 2019

Delhi Court Sends Ex-Fortis Promoters Malvinder, Shivinder To 14-Day Judicial Custody

Delhi Court Sends Ex-Fortis Promoters Malvinder, Shivinder To 14-Day Judicial Custody
Malvinder Singh, centre, and his brother Shivinder Singh, top right, are escorted by police officers from the Economic Offences Wing of Delhi Police building to court in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

A Delhi court on Thursday remanded former Fortis Healthcare promoters Malvinder Singh and his brother Shivinder Singh to 14-day judicial custody for allegedly misappropriating funds of Religare Finvest Ltd.

Metropolitan Magistrate Nishant Garg also sent three others, Sunil Godhwani, Kavi Arora and Anil Saxena to judicial custody till Oct. 31.

The Singh brothers had moved a bail plea which will be heard later along with that of Arora tomorrow.

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