Singh brothers'' feud: Malvinder says Shivinder assaulted him

NEW DELHI: Former Fortis and Ranbaxy promoters Malvinder Singh and Shivinder Mohan reportedly came to blows in the latest turn to their ongoing feud.

Singh brothers'' feud: Malvinder says Shivinder assaulted him

Malvinder Singh (R).

monicakchauhan@gmail.com

New Delhi, December 7

Former Fortis and Ranbaxy promoters Malvinder Singh and Shivinder Mohan reportedly came to blows in the latest turn to their ongoing feud.

In a video posted on social media, Malvinder Singh is seen as saying, "Today is December 5, 2018, a little after 6 pm, Shivinder Mohan Singh assaulted me at 55 Hanuman Road. He physically hit me. He hurt me."        

Showing off a bruise on his forearm, Malvinder said, "He injured me here. He broke this button and he gave me a bruise here, he bruised me here. He kept threatening me and refused to budge until the team here separated him from me."  

When contacted, Malvinder declined to comment, whereas younger brother Shivinder did not respond to messages.

The incident reportedly happened on Wednesday as Shivinder was trying to disrupt the board meeting of a group company, Prius Real Estate, which he claimed has lent around Rs 2,000 crore to companies owned by Gurinder Singh Dhillon and his family.

Malvinder said the board meeting was held to decide to recover the money from the Dhillon Group.

As per media reports, Shivinder on his part denied Malvinder's claims as false and fabricated, and said it was Malvinder who had hit him.

The relationship between the Singh brothers, erstwhile promoters of Fortis Healthcare, went sour after allegations of fund diversion from the healthcare chain emerged.

It reportedly aggravated further over payment of arbitration award to Daiichi Sankyo. Shivinder had offered to pay his share of the Rs 3,500 crore award to the Japanese drug maker in a dispute related to the acquisition of Ranbaxy Laboratories.

Earlier in September this year, Shivinder had filed a petition before the National Company Law Tribunal (NCLT) alleging that collective and ongoing actions of Malvinder and ex-Religare chief Sunil Godhwani led to a systemic undermining of the interests of the companies and their shareholders.

He had also alleged his elder brother Malvinder forged his wife's signature, perpetrated illegal financial transactions and led the company into an unsustainable debt trap.

Later, on September 14, the petition was withdrawn by Shivinder from NCLT on his mother's advice.  PTI

Top Stories

It is a historic day in our bilateral relations: Rajnath Singh at inaugural India-Russia '2+2' dialogue

India, Russia sign AK-203 rifle deal worth Rs 5,000 crore; extends military cooperation till 2031

New Delhi mentions ‘unprovoked’ aggression by China along no...

Putin and Modi discuss trade, humanitarian situation in Afghanistan

Putin meets Modi; describes India as a great power, friendly nation and a time-tested friend

Putin expresses concern over developments in Afghanistan

Amit Shah likely to make statement on Nagaland incident in both Houses

'Extremely anguished', Amit Shah says in Lok Sabha on Nagaland killings; Opposition minus TMC walks out

Home Minister says all agencies must ensure such an incident...

Congress forms Punjab poll panels: Ambika Soni to head coordination, Sunil Jakhar is campaign chief

Congress forms Punjab poll panels: Ambika Soni to head coordination, Sunil Jakhar is campaign chief

Maken to chair candidate screening committee, Jakhar also in...

Omicron: Third Covid wave projected to hit India by February, but may be milder than second

Omicron: Third Covid wave projected to hit India by February, but may be milder than second

World Health Organisation has classified the Omicron variant...

Cities

View All