World & BusinessSupreme Court clears way for forensic audit in Daiichi-Fortis dispute
The Economic Times reports that the audit will help trace assets linked to enforcement of a 2016 arbitral award against former Fortis promoters. The Supreme Court did not examine the merits.
TLDR
The Supreme Court declined to interfere with Delhi High Court orders in the Daiichi Sankyo-Fortis dispute, The Economic Times reports. That allows a forensic audit to proceed as part of efforts to trace assets linked to enforcement of a 2016 arbitral award against former Fortis promoters. The court did not examine the merits.
Supreme Court clears way for forensic audit in Daiichi-Fortis dispute
The Economic Times reports that the audit will help trace assets linked to enforcement of a 2016 arbitral award against former Fortis promoters. The Supreme Court did not examine the merits.
TLDR
The Supreme Court declined to interfere with Delhi High Court orders in the Daiichi Sankyo-Fortis dispute, The Economic Times reports. That allows a forensic audit to proceed as part of efforts to trace assets linked to enforcement of a 2016 arbitral award against former Fortis promoters. The court did not examine the merits.