Fortis moves SC against HC order

NEW DELHI: Fortis Healthcare has filed an appeal before the Supreme Court against a recent Delhi High Court order requiring a forensic audit of its dealings with IHH Healthcare and RHT Health Trust.The case relates to Daiichi Sankyo's efforts to enforce its arbitral award against the erstwhile promoters of Fortis Healthcare - Malvinder and Shivinder Singh - and a complex ownership dispute rooted in a legal battle between the parties.Malaysia-based IHH holds a controlling stake in Fortis Healthcare. Prior to IHH's takeover, Fortis was operated by Singapore-based RHT Health Trust, and thereafter funds infused by IHH were subsequently used to buy out the trust.A Special Leave Petition filed by Fortis before SC on Sept 16, a copy of which was accessed by TOI, says Delhi HC order issued far-reaching directions based on what it described as highly prejudicial findings against Fortis, even though the company was not a party to the arbitration proceedings, and wholly unconnected to the arbitration.Get the latest Business News and Live updates. Download the TOI app.