Watch Prince Thomas decode the animosity between the warring factions and sums up the happenings at the Fortis Group.
The split in Fortis’s Singh brothers deepened after Shivinder Singh accused Malvinder and friend Sunil Godhwani of systemically undermining the interests of the Fortis group companies and their shareholders.
Shivinder also filed a case against Malvinder and Godhwani in the National Company Law Tribunal (NCLT), alleging 'oppression and mismanagement' of RHC Holding, Religare Enterprises and Fortis Healthcare.
The NCLT admitted the petition, and ordered status-quo. But analysts say it's too late for Shivinder to get absolved from the mess the group finds itself in.
Watch Prince Thomas decode the animosity between the warring factions and sums up the happenings at the Fortis Group.Business lessons from Singh brothers' spat: Decision-making should not be a one-man show