New Delhi: Former Fortis Healthcare promoter Shivinder Singh said Tuesday he has moved the National Company Law Tribunal (NCLT) against elder brother Malvinder and ex-Religare chief Sunil Godhwani, while dissociating from his brother as business partner.Also Read - Jaypee Scam: 20,000 JIL Homebuyers Continue to Suffer Even After 12 Years | A Report
Shivinder also alleged that collective and ongoing actions of his elder brother and Godhwani led to a systemic undermining of the interests of companies and their shareholders. Also Read - Following Nod From NCLT, Centre Takes Over Management of Delhi Gymkhana Club
“I have filed a case against Malvinder and Sunil Godhwani in the NCLT for oppression and mismanagement of RHC Holding, Religare and Fortis,” Shivinder said in a statement. Also Read - Here's How Homebuyers of Bankrupt Supertech Can Now Submit Claims Online
He further said that this action was “long overdue” but got delayed in the fond hope that better sense shall eventually prevail and another “ugly chapter of family feud” would not be written.
“The collective, ongoing, actions of Malvinder and Sunil Godhwani led to a systematic undermining of the interests of the companies and their shareholders mentioned above as also the committed and loyal employees of the group,” Shivinder said.
Comments from Malvinder Singh could not be obtained at the time of filing this story.