Fortis denies violating order on sale of controlling stake to IHH Healthcare

Fortis denies violating order on sale of controlling stake to IHH Healthcare

Photo: Reuters

Fortis Healthcare Ltd (FHL) told the Supreme Court on Thursday that the question of restraining it from transferring 4,000 crore received from Malaysia’s IHH Healthcare Berhad to RHT Health Trust, Singapore did not arise as the court had only ordered a status quo with regard to the “transaction between FHL and IHH” under its earlier order.

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