Former Ranbaxy promoter and Fortis founder Shivinder Singh moves NCLT against brother Malvinder singh and Religare chairman and MD Sunil Godhwani.
Shivinder cites oppression and mismanagement of RHC holding, Religare and Fortis as the reason.The family has now been divided by the feud.
Here's how the Fortis saga unfolded...
Sep 2015: Shivinder Singh steps down from active role in fortis to serve full-time at spiritual sect, Radha Saomi Satsang Beas (RSSB)
Jan 2016: Shivinder Singh starts role as non-executive vice chairman of Fortis.
Feb 2018: Delhi high court upholds Rs 3,500 crore arbitral award in favour of Japan's Daiichi Sankyo.
Feb 2018: Malvinder and Shivinder Singh step down as directors of Fortis, issue joint statement.
Feb 2018: Reports of Singh brothers siphoning off Rs 473 from Fortis, auditor refuses to sign off on Q2 financial results.
Feb 2018: Singh brothers assure shareholders they're not going anywhere and will address issues.
May 2018: Shivinder Singh writes a letter to the Fortis board raising objections on the bidding process.
July 2018: Reports of differences between the Singh brothers.
July 2018: Shivinder Singh claims he was not in a position of authority when Fortis gave unsecured advances.
July 2018: Shivinder Singh claims to have no clue when audit committee got to know of inter-corporate deposits.
July 2018: Shivinder Singh claims that he was not a part of audit or any sub-committee at Fortis.
July 2018: Malvinder Singh claims all decisions were taken collectively.
Aug-Sep 2018: Reports question role of RSSB sect and sect leader Gurinder Singh Dhillon.
Sep 2018: Shivinder Singh moves NCLT against Malvinder Singh and Sunil Godhwani.
Sep 2018: Shivinder Singh says he can no longer be party to activities in which transparency and ethics are negated.
Sep 2018: Shivinder Singh disassociates himself from brother Malvinder as a business partner