Delhi HC asks Malvinder Singh to deposit â¹18.25 crore
Delhi High Court has asked former Ranbaxy promoter Malvinder Singh to deposit â¹18.25 crore he obtained by selling shares of a company, violating its orders. Malvinder had used the amount to pay EMIs of a Singapore apartment to avoid default. The order comes as part of the case related to execution of â¹3,500-crore arbitration award that Japanese drugmaker Daiichi won.