HomeNewsIndiaSC to hear bail plea of ex-Fortis promoter Malvinder Mohan Singh

SC to hear bail plea of ex-Fortis promoter Malvinder Mohan Singh

The top court issued notice to the standing counsel of the Delhi government and posted the plea for hearing at 1 pm.

November 04, 2022 / 11:26 IST
Malvinder Singh

Malvinder Singh

The Supreme Court on Friday agreed to hear during the day itself a plea seeking grant of interim bail to former promoter of Fortis Healthcare Ltd Malvinder Mohan Singh in view of the critical condition of his wife.

A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi took note of the submissions of senior advocate Kailash Vasudev, appearing for Singh, that the plea be heard urgently as the condition of his wife is critical due to decrease in her platelet count. The top court issued notice to the standing counsel of the Delhi government and posted the plea for hearing at 1 pm.

Singh is presently lodged in Tihar jail in a case related to alleged misappropriation of funds at Religare Finvest Limited (RFL).

In September this year, the Supreme Court awarded a six-month jail term to Singh in a contempt case related to the sale of shares of Fortis to Malaysia-based IHH Healthcare.

PTI
first published: Nov 4, 2022 11:25 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347