AMN
The Delhi High Court today reserved order on whether to issue notice on former Fortis Health care promoter Malvinder Singh’s plea seeking quashing of an FIR against him. An FIR registered against Malvinder Singh in Religare Finvest Ltd. (RFL) funds case, causing 2,397 crore rupees in losses.
Justice Brijesh Sethi reserved order on the plea after hearing substantial arguments on Singh, Economic Offences Wing (EOW) of Delhi Police and RFL. Singh had approached the high court yesterday, hours before his arrest.
Meanwhile, a Delhi court today granted the police four-day custody of Malvinder, his brother Shivinder and three others, arrested for alleged misappropriation of funds in the case.