Singh Brothers, Ex-Ranbaxy Promoters, Guilty Of Contempt: Supreme Court

Ranbaxy ex-promoters Malvinder Singh and his brother Shivinder Singh have been held guilty by the Supreme Court of contempt of court in a case filed by Japanese firm Daiichi Sankyo. The Supreme Court has also held Fortis Healthcare guilty of contempt. Malvinder and Shivinder Singh can get away from contempt by depositing Rs. 1,175 crore each, the court said on the brothers who were arrested and jailed in October.

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