Fortis to Argue Against The Need for A Forensic Audit: Chairman

Fortis Healthcare Ltd. plans to “vehemently” petition the Delhi High Court next month against the need for a forensic audit of its 2018 share sale to Malaysia’s IHH Healthcare Bhd, Chairman Ravi Rajagopal said in an interview Thursday.

• There has been no wrong doing in any of the transactions involving IHH and Fortis and hence, no need for a forensic audit: Rajagopal
• The lower court is set to hear on Dec. 6 issues arising from Daiichi Sankyo Co.’s lawsuit which also led to a halt on IHH’s open offer for Fortis shareholders
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