Delhi HC restrains Singh brothers from using bank accounts
The Delhi High Court has restrained ex-Ranbaxy promoters Malvinder and Shivinder Singh from operating their bank accounts while it executes Daiichi Sankyo's â¹3,500-crore arbitration award against them. The court suggested the brothers declare themselves insolvent if they were unable to pay the award. Malvinder was directed not to finalise the sale of his Singapore apartment without permission.